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Doanne Food Processing expects to have 45.000 pounds of raw materials inventory on hand on March 31, the end of the current year. The company
Doanne Food Processing expects to have 45.000 pounds of raw materials inventory on hand on March 31, the end of the current year. The company budgets the following production (in units) for April through July, inclusive: April May June July 129,000 139,000 157,000 129,000 At the end of each month the firm desires its ending raw material inventory to be 15% of the next month's production needs. Each finished unit requires four pounds of raw materials Doanne's budgeted purchases for raw materials (in pounds) during April should be: Multiple Choice four pounds of raw materidis. Doanne's budgeted purchases for raw materials (in pounds) during April should be: Multiple Choice 644,400 554,400 599 400 516,000 241.000
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