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Question 4 of 50 ABC Company keeps its inventory of finished goods at 75% of the coming month's budgeted sales and inventory of raw materials
Question 4 of 50 ABC Company keeps its inventory of finished goods at 75% of the coming month's budgeted sales and inventory of raw materials at 50% of the coming month's budgeted production needs. Each unit of product requires 2 pounds of materials. The production budget is, in units: May, 1,000, June, 1,200; July, 1,300 , August, 1,600 . What would be the raw material purchases in June
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