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QUESTION 16 10 points Voltman Manufacturing Corporation's most recent production budget indicates the following required production: January February March April .......... 4,000 ....... 6,000....... 5,500.......5,000

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QUESTION 16 10 points Voltman Manufacturing Corporation's most recent production budget indicates the following required production: January February March April .......... 4,000 ....... 6,000....... 5,500.......5,000 Required production (units).. Each unit of finished product requires 3 feet of raw materials. The company maintains raw materials inventory equal to 20% of the next month's expected production needs. The raw material used in Voltman Manufacturing Corporation's product costs $4.50 per foot. What is the value of raw material that Voltman Manufacturing should plan on purchasing for the month of February? $74,250. $95,850. O $112,050 $82,350. 81,000. $79,650 $26,550. Save Al Answers Sav Click Save and Submit to save and submit. Click Save All Answers to save all answers

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