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Assume Tsoi Company has the following sales and production budget for a line of shoes: Assume Tsoi Company uses 3 feet of string for laces

image text in transcribed Assume Tsoi Company has the following sales and production budget for a line of shoes: Assume Tsoi Company uses 3 feet of string for laces per pair of shoes. Tsoi Company wants to have direct materials on hand at the end of each month equal to 7% of the following month's production needs. How many feet of string should Tsoi Company budget in its raw material budget for February

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