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A sporting goods manufacturer budgets production of 4 5 , 0 0 0 pairs of ski boots in the first quarter and 3 0 ,
A sporting goods manufacturer budgets production of pairs of ski boots in the first quarter and pairs in the second quarter of the upcoming year. Each pair of boots requires kilograms of a key raw material. The company aims to end each quarter with ending raw materials inventory equal to of the following quarter's material needs. Beginning inventory for this material is and the cost per is $ What is the budgeted materials purchases cost for the first quarter?
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