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Cant figure out need help pls Required information Mlami Solar manufactures solar panels for industrial use. The company budgets production of 5,800 units (solar paneis)
Cant figure out need help pls
Required information Mlami Solar manufactures solar panels for industrial use. The company budgets production of 5,800 units (solar paneis) in July and 5,100 units in August. Each unit requires 3 pounds of direct materials, which cost $6 per pound. The company's policy is to maintain direct materials inventory equal to 30% of the next month's direct materials requirement. As of June 30, the company has 5,220 pounds of direct materials in inventory. Prepare the direct materials budget for July. July and 5,100 units in August. Each unit requires 3 pounds of direct materials, which cost $6 per pound. The company's policy is to maintain inventory equal to 30% of the next month's direct materials requirement. As of June 30 , the company has 5,220 materials in inventory. Prepare the direct materials budget for July. Answer is complete but not entirely correct Step by Step Solution
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