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Robo Inc.requires $70,000 of direct material for production and top management desires $3,000 in ending raw materials inventory. The company has $2,000 in beginning raw

Robo Inc.requires $70,000 of direct material for production and top management desires $3,000 in ending raw materials inventory. The company has $2,000 in beginning raw materials inventory. What would Robo's budgeted purchases of direct materials be?

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