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Solve this urgently Q No. 2 The following data on production, materials required for products X and Y, and inventory pertain to the budget of
Solve this urgently
Q No. 2 The following data on production, materials required for products X and Y, and inventory pertain to the budget of LMN Company: Product X Product Y Production (units) 2,000 3,000 Materials (units) A 3.0 1.0 B 4.0 6.5 Beginning Desired Ending Price/unit Materials inventory: A B 2,000 6,000 3,000 6,000 S2.00 S1.20 (a) Determine the number of material units needed to produce X and Y. (b) Calculate the cost of materials used for the production. (c) Determine the number of material units to be purchased. (d) Calculate the cost of materials to be purchasedStep by Step Solution
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