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A company manufactures and sells one product which requires 10 kg of raw materials in its manufacture. The budgeted data relating to the next period
A company manufactures and sells one product which requires 10 kg of raw materials in its manufacture. The budgeted data relating to the next period are as follows: Units Sales 20,000 Opening inventory of finished goods 3,000 Closing inventory of finished goods 5,000 Kg Opening inventory of raw materials 60,000 Closing inventory if raw materials 55,000 What is the budgeted raw material purchases for next period in kilos?
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