The following are budgeted data: January February March 15,700 21,400 18,700 Sales in units Production...
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Accounting
The following are budgeted data: January February March 15,700 21,400 18,700 Sales in units Production in units 18,700 19,700 17,600 One pound of material is required for each finished unit. The inventory of materials at the end of each month should equal 25% of the following production needs. Purchases of raw materials for February would be budgeted to be: month's Multiple Choice 20.225 pounds 20.275 pounds 19175 pounds 8.525 pounds
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