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The following are budgeted data: Sales in units Production in units January February 15, 400 20,800 18, 400 19,400 March 18,400 17,300 One pound of
The following are budgeted data: Sales in units Production in units January February 15, 400 20,800 18, 400 19,400 March 18,400 17,300 One pound of material is required for each finished unit. The inventory of materials at the end of each month should equal 25% of the following month's production needs. Purchases of raw materials for February would be budgeted to be: Multiple Choice O 19,975 pounds 19,925 pounds 18,525 pounds o oo 18,875 pounds
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