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Click my work 4 6.25 points Assume that a company expects to produce 11,000, 12,000, and 14,000 units of finished goods in January, February, and
Click my work 4 6.25 points Assume that a company expects to produce 11,000, 12,000, and 14,000 units of finished goods in January, February, and March, respectively. Each unit of finished goods requires 4 pounds of raw material and each pound of raw material costs $3.50. The company always maintains an ending raw materials inventory equal to 25% of next month's production needs. What is the amount of expected raw materials purchases for February? Pr Multiple Choice $125,000 $175,000 $167,000 $129,000
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