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5 . If 6 1 , 0 0 0 pounds of raw materials are needed to meet production in August, how many punds of raw

5. If 61,000 pounds of raw materials are needed to meet production in August, how many punds of raw materials should be purchased in July?
6. What is the estimated cost of raw materials purchases for July?
7. If the cost of raw material purchases in June is $88,880, what are the estimated cash disbursements for raw materials purchases in July?
8. What is the estimated accounts payable balance at the end of July?
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