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Carlton Cookie Company produces a hand - processed gourmet cookie that is made with organic sugar.Five ( 5 ) pounds of organic sugar are required

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Carlton Cookie Company produces a hand-processed gourmet cookie that is made with organic sugar.Five (5) pounds of organic sugar are required per batch of gourmet cookies. The organic sugar costs $2.40 per pound. The company needs to have 20% of the following month's production needs of organic sugar in ending inventory so it is on hand to start each month. A total of 120 pounds of organic sugar are expected to be on hand on January 1.
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