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Zortek Corp. budgets production of 420 units in January and 390 units in February. Each...

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Accounting

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Zortek Corp. budgets production of 420 units in January and 390 units in February. Each finished unit requires five pounds of raw material Z, which costs $3 per pound. Each month's ending inventory of raw materials should be 30% of the following month's budgeted production. The January 1 raw materials inventory has 190 pounds of Z. Prepare a direct materials budget for January

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