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Bonkowski Corporation makes one product and has provided the following information to help prepare the master budget for the next four months of operations: Multiple
Bonkowski Corporation makes one product and has provided the following information to help prepare the master budget for the next four months of operations: Multiple Choice $1,474,400 $1,290,100 $1,164,000 $970,000 Raw materiais purchases are paid: 30% in the month of purchase 70% in the following month The ending finished goods inventory should equal 30% of the following month's sales. The ending raw materials inventory should equal 10% of the following month's raw materials production needs. The budgeted sales for February is closest to
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