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A Co.'s production budget reported the following production (in units) for the upcoming fiscal year: Q1 12.000; Q2 9,000; Q3 11,500; Q4 8,750 The
A Co.'s production budget reported the following production (in units) for the upcoming fiscal year: Q1 12.000; Q2 9,000; Q3 11,500; Q4 8,750 The company wants to maintain a desired ending raw material inventory in the current quarter equal to 10% of the next quarter's production. The only raw material used to produce single unit is the 1.5 pounds of composite material. The material costs $2.50 per pound. The company began the first quarter with 1,800 pounds in the beginning raw material inventory. What is the desired ending inventory for quarter 1? 0900 O 1.800 0 1,200 1,350
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