White Corporation's budget calls for the following sales for next year. Quarter 1 Quarter 2...
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Accounting
White Corporation's budget calls for the following sales for next year. Quarter 1 Quarter 2 107,eee units 89, eee units Quarter 3 Quarter 4 72,500 units 184, 4ee units Each unit of the product requires 5 pounds of direct materials. The company's policy is to begin each quarter with an inventory of product equal to 5% of that quarter's estimated sales requirements and an inventory of direct materials equal to 20% of that quarter's estimated direct materials requirements for production Required: 1. Determine the production budget for the second quarter. 2. Determine the materials purchases budget for the second quarter
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