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DIY Furnishings is planning its material purchase budget. During the month, it expects to sell 18,000 units, each of which requires 24 nails. In addition,
DIY Furnishings is planning its material purchase budget. During the month, it expects to sell 18,000 units, each of which requires 24 nails. In addition, it projects a beginning inventory of 4,000 units and a closing inventory of 4,500 units. If the standard material cost is $0.02 per nail, how much is the companys purchasing budget for nails for the month? A : $8,880 B : $10,800 C : $370 D : $6,720
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