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Matt Ltd is currently preparing the production budget for steering wheel covers and the material purchases budget for plastic for the upcoming year. Each unit
Matt Ltd is currently preparing the production budget for steering
wheel covers and the material purchases budget for plastic for
the upcoming year. Each unit of steering wheel cover requires
of plastic material.
The anticipated opening stock of steering wheel cover is
units
Matt Ltd wishes to increase the closing stock of steering
wheel covers by by the end of the year
The anticipated opening stock for plastic material is
and in order to avoid stockouts the required closing stock has
been increased to
The Sales manager confirmed expected sales of units
of steering wheel covers.
b What will be the purchases budget for plastic material in
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