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2 Prestwich Company has budgeted production for next year as follows: First Quarter Second Third 88,000 98,000 Fourth Production in units 68,000 78,000 a Two
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Prestwich Company has budgeted production for next year as follows: First Quarter Second Third 88,000 98,000 Fourth Production in units 68,000 78,000 a Two pounds of material A are required for each unit produced. The company has a policy of maintaining a stock of material A on hand at the end of each quarter equal to 25% of the next quarter's production needs for material A A total of 34,000 pounds of material A are on hand to start the year. Budgeted purchases of material A for the second quarter would be Multiple Choice 171.000 pounds 225.000 pounds Multiple Choice O 171,000 pounds O 225,000 pounds 220,000 pounds 181,000 pounds Step by Step Solution
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