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(Click the icon to view additional information.) company wants to have 20% of the polypropylene required for next month's production on hand at the end
(Click the icon to view additional information.) company wants to have 20% of the polypropylene required for next month's production on hand at the end of each month. The polypropylene costs $0.20 per pound. Read the requirements. Data table 1. Prepare a production budget for each month in the first quarter of the year, including production in units for each month and for the quarter. 2. Prepare a direct materials budget for the polypropylene for each month in the first quarter of the year, including the pounds of polypropylene required and the total cost of the polypropylene to be purchased. Requirement 1. Prepare a production budget for each month in the first quarter of the year, including production in units for each month and for the quarter. Hoffman Manufacturing Production Budget For the Months of January through March Unit sales Plus: Desired ending inventory Total needed Less: Beginning inventory Units to produce
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