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Question 17 (3 points) Lamparas Corp. manufacturers and sells decorative lamps. Planned production (in units) for the next three months is: September 5,600 October 9,000

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Question 17 (3 points) Lamparas Corp. manufacturers and sells decorative lamps. Planned production (in units) for the next three months is: September 5,600 October 9,000 November 17,400 Each lamp requires 1.5 kilograms of metal. Company policy requires that ending inventory of raw materials for each be 15% of next month's production needs. At the end of August, the company had 1,260 kilograms of metal in ending inventory. The company purchases metal at a price of $3.00 per kilogram. What is the direct materials budget for September? O $27,925 O $27,495 O $26,375 None of those are correct

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