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The company wants to maintain monthly ending inventories of Jurislon equal to 30% of the following month's production needs. On July 31 , this requirement
The company wants to maintain monthly ending inventories of Jurislon equal to 30% of the following month's production needs. On July 31 , this requirement was not met since only 10,400 kilograms of Jurislon were on hand. The cost of Jurislon is $4.00 per kilogram. The company wants to prepare a Direct Materials Purchase Budget for the next five months. The desired ending inventory of Jurislon for September is
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