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Chandler Ltd. estimates sales for the second quarter of 2014 will be as follows.2 units of material are required for each unit of finished product.
Chandler Ltd. estimates sales for the second quarter of 2014 will be as follows.2 units of material are required for each unit of finished product. Production for July is estimated at 2,650 units to start building inventory for the fag sales period. Chandler's policy is to have an inventory of raw martials at the end of each month equal to 40% of the, following month's production requirements. Raw materials are expected to cast $5 per unit throughout the period. Calculate the May raw materials purchases in dollars. The May raw material purchases cost
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