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Question 8. (1.5 mark) Mi Hamburger is a company that makes and sells high quality hamburgers. The hamburgers are made of only two ingredients: bread
Question 8. (1.5 mark) "Mi Hamburger" is a company that makes and sells high quality hamburgers. The hamburgers are made of only two ingredients: bread and meat. The following information, based on data from 2017, is available for preparing the 2018 budget. "Mi Hamburger" expects to sell 7,500 hamburgers in 2018 at an estimated retail price of 8 per hamburger. Because the hamburgers are made when they are ordered, the company has no beginning or ending inventory of finished hamburgers. The estimated inventories for the two ingredients of hamburgers are provided below. Additional data about the usage of bread and meat is provided below: Prepare the direct materials usage budget for 2018
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