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Prestwich Company has budgeted production for next year as follows: Quarter First Second Third Fourth Production in units 60,000 80,000 90,000 70,000 Two pounds of

Prestwich Company has budgeted production for next year as follows: Quarter First Second Third Fourth Production in units 60,000 80,000 90,000 70,000 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 25% of the next quarter

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