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ABC Company manufacturers keychains. They have the following information available to prepare their master budget: October November December Units to be produced 5,500 5,750
ABC Company manufacturers keychains. They have the following information available to prepare their master budget: October November December Units to be produced 5,500 5,750 6,200 ABC Company sells each whistle for $15. It takes 2 ounces of metal to produce each whistle at a cost of $0.75 per ounce. They prefer to have 15% of materials required for the following month's production in ending inventory as well. How many ounces of direct materials does ABC Company need to purchase in November to meet production needs?
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