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Direct materials budget: 1 Page 1. How many units of raw material are needed to make one unit of finished goods? 2. What is

Direct materials budget: 1 Page 1. How many units of raw material are needed to make one unit of finished goods? 2. What is the budgeted cost for one unit of raw material? 3. What percentage of next period's production needs should be maintained in ending raw materials inventory? 4. What percentage of raw material purchases will be paid in the current and subsequent periods?

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Foundations of Financial Management

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