Two pounds of raw materials are required to produce one unit of product. The company...
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Accounting
Two pounds of raw materials are required to produce one unit of product. The company wants raw materials on hand at the end of each month equal to 25% of the following month's production needs. The company is expected to have 35,750 pounds of raw materials on hand on January 1 . Budgeted production for February should be: Multiple Choice 130,150 units 87,500 units 86,900 units 88,100 units
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