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eBook Hint Each unit requires 3 pounds of direct materials, which cost $6 per pound. The company's policy is to maintain direct materials Inventory
eBook Hint Each unit requires 3 pounds of direct materials, which cost $6 per pound. The company's policy is to maintain direct materials Inventory equal to 30% of the next month's direct materials requirement. As of June 30, the company has 4,590 pounds of direct materials in inventory. Prepare the direct materials budget for July. MIAMI SOLAR Direct Materials Budget Print Units to produce July 5,100 Mala ferences needed for production, (pounds) 15,300 Total materials required (pounds) Materials to purchase (pounds) Cost of direct materials purchases
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