A company requires 100 pounds of plastic to meet the production needs of a small toy. It
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A company requires 100 pounds of plastic to meet the production needs of a small toy. It currently has 10 pounds of plastic inventory. The desired ending inventory of plastic is 30 pounds. How many pounds of plastic should be budgeted for purchasing during the coming period?
a. 100 pounds
b. 120 pounds
c. 130 pounds
d. 140 pounds
e. None of the above
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Related Book For 
Cornerstones of Managerial Accounting
ISBN: 978-0324660135
3rd Edition
Authors: Mowen, Hansen, Heitger
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