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AMZ Corporation produces a single product that requires three yards of direct materials to produce each unit. AMZ has the following budgeted information related to
AMZ Corporation produces a single product that requires three yards of direct materials to produce each unit. AMZ has the following budgeted information related to this product for the next five months: August September October November December units to be produced 53,000 ? 22,400 60,500 34,000 cost of direct materials to be purchased $447,240 $340,860 $793,200 ? ? AMZ wants to maintain monthly ending inventories of direct materials equal to 80% of the next month's production needs. The cost of direct materials is $5 per yard. Calculate the budgeted direct materials inventory account balance at November 30
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