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Please help me with this question, thank you! Boben Corporation makes one product. Below is budgeted production (in units) for the third quarter of the
Please help me with this question, thank you!
Boben Corporation makes one product. Below is budgeted production (in units) for the third quarter of the year. July 8,500 August 9,000 September 13,900 Budgeted production Each unit requires 6 pounds of raw materials, at a cost of $2.00 per pound. Assuming Boben desires to maintain an ending raw materials inventory equal to 30% of the following month's production needs, how many pounds of raw materials does Boben need to purchase in August? Multiple Choice 62,820 pounds 37,800 pounds 54,000 pounds 79,020 poundsStep by Step Solution
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