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Exercise 20-9 (Algo) Manufacturing: Direct materials budget LO P1 Ramos Company provides the following budgeted production for the next four months. Each finlshed unit requires
Exercise 20-9 (Algo) Manufacturing: Direct materials budget LO P1 Ramos Company provides the following budgeted production for the next four months. Each finlshed unit requires 6 pounds of direct materlals. The company wants to end each month with dilrect materlals inventory equal to 25% of next month's production needs. Beginning direct materlals Inventory for April was 675 pounds. Direct materlals cost $3 per pound. Prepare a direct materlals budget for April, May, and June
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