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6) Meter Products has developed a very powerful toy. Each toy requires 4 chips.. The production budget for five quarters is shown below: B Meter

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6) Meter Products has developed a very powerful toy. Each toy requires 4 "chips".. The production budget for five quarters is shown below: B Meter would like to have a desired ending inventory for each quarter to equal 20% of the following quarter's production needs. Prepare a direct materials budget for chips, by quarter and in total for Year 2

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