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Bramble Company is preparing its master budget for 2022. Relevant data pertaining to its sales, production, and direct materials budgets are as follows. Direct materials
Bramble Company is preparing its master budget for 2022. Relevant data pertaining to its sales, production, and direct materials budgets are as follows.
Direct materials. Each unit requires 2 pounds of raw materials at a cost of $12 per pound. Management desires to maintain raw materials inventories at 10% of the next quarters production requirements. Assume the production requirements for first quarter of 2023 are 549,000 pounds.
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