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A.1,594,000 B.3,599,500 C.3,841,500 D.3,107,000 Caspion Corporation makes and sells a product called a Miniwarp. One Miniwarp requires 6.5 kilograms of the raw material Jurislon. Budgeted
A.1,594,000
B.3,599,500
C.3,841,500
D.3,107,000
Caspion Corporation makes and sells a product called a Miniwarp. One Miniwarp requires 6.5 kilograms of the raw material Jurislon. Budgeted production of Miniwarps for the next five months is as follows: August 23,900 units 22,600 units 24,000 units 25,200 units September October November December 24,900 units The company wants to maintain monthly ending inventories of Jurislon equal to 25% of the following month's production needs. On July 31, this requirement was not met since only 12,100 kilograms of Jurislon were on hand. The cost of Jurislon is $20 per kilogram. The company wants to prepare Direct Materials Purchase Budget for the next five months. The total cost of Jurislon to be purchased in August isStep by Step Solution
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