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Magnolia, Inc. manufactures bedding sets. The budgeted production is for 25,900 comforters this year. Each comforter requires 7 yards of material. The estimated January 1
Magnolia, Inc. manufactures bedding sets. The budgeted production is for 25,900 comforters this year. Each comforter requires 7 yards of material. The estimated January 1 beginning inventory is 4,300 yards with the desired ending balance of 5,600 yards of material. If the material costs $6.90 per yard, determine the materials budget for the year
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