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inventory 3. Crispy pians to sell 80,000 bogs of potato chips in June. Each bag of potato chips uses five potatoes. What number of units
inventory
3. Crispy pians to sell 80,000 bogs of potato chips in June. Each bag of potato chips uses five potatoes. What number of units of raw material should Crisper plan to purchase? 4. Card Bicycle Co, makes bicycles, which use two tires per each bicycle made. At the end of 2014, the finished product inventory is expected to include 2,000 bicycles. Raw Material inventory is expected to include 3,000 tires. The marketing department provided the following data for the sales budiget for the first quarter of 2015 : The company's inventory policy is to have finished product inventory equal to 20% of the following month's sales requirements and to have raw material equal to 10% of the following month's production requirements. In the January budget for raw materials, how many tires should be purchased Step by Step Solution
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