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Hocus Garth Company has a beginning direct materials inventory balance of $2,000. For the next month, the company has predicted that it will use $9,000

Hocus Garth Company has a beginning direct materials inventory balance of $2,000. For the next month, the company has predicted that it will use $9,000 worth of direct materials. It has also budgeted direct materials inventory at the end of the month would be $5,000. What is the budgeted amount of direct materials purchases for the month?  calculate.

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