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Pablo Company has budgeted production for next year as follows: Two pounds of material A are required for each unit produced. The company has a
Pablo Company has budgeted production for next year as follows: Two pounds of material A are required for each unit produced. The company has a policy of maintaining a stock of material A on hand at the end of each quarter equal to 20% of the next quarter's production needs for material A. A total of 39,000 pounds of material A are on hand to start the year. Budgeted purchases of material A for the second quarter would be: 68,800 pounds. 182,000 pounds. 213,600 pounds. 217,600 pounds. The Colson Company has budgeted sales for the year as follows: The ending inventory of finished goods for each quarter should equal 20% of the next quarter's budgeted sales in units. The finished goods inventory at the start of the year is 3,300 units. Scheduled production for the second quarter is: 17,820 units. 13,400 units. 15,080 units. 13,520 units
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