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Miami Solar manufactures solar panels for industrial use. The company budgets production of 5 , 3 0 0 units ( solar panels ) in July
Miami Solar manufactures solar panels for industrial use. The company budgets production of units solar panels in July and units in August.
Each unit requires pounds of direct materials, which cost $ per pound. The companys policy is to maintain direct materials inventory equal to of the next months direct materials requirement. As of June the company has pounds of direct materials in inventory. Prepare the direct materials budget for July.
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