Europa-Dyonisos SA produces wine. The company expects to produce 1.5 million two-litre bottles of Chablis in 2015.

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Europa-Dyonisos SA produces wine. The company expects to produce 1.5 million two-litre bottles of Chablis in 2015. Europa-Dyonisos purchases empty glass bottles from an outside supplier. Its target closing stock of such bottles is 50 000; its opening stock is 20 000. For simplicity, ignore breakage.
Required
Calculate the number of bottles to be purchased in 2015.
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Management and Cost Accounting

ISBN: 978-1292063461

6th edition

Authors: Alnoor Bhimani, Charles T. Horngren, Srikant M. Datar, Madhav V. Rajan

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