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ABC Company's budgeted sales for June, July, and August are 16,000, 20,000, and 18,000 units, respectively. ABC requires 30% of the next month's budgeted unit
ABC Company's budgeted sales for June, July, and August are 16,000, 20,000, and 18,000 units, respectively. ABC requires 30% of the next month's budgeted unit sales as finished goods Inventory each month. Budgeted ending finished goods Inventory for May Is 4,800 units. Each unit that ABC Company produces uses 3 pounds of raw material. ABC requires 25% of the next month's budgeted production as raw material Inventory each month. Required: Calculate the number of pounds of raw material to be purchased In June. * Answer is complete but not entirely correct. Number of pounds 40.500 *
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