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The following information is from the manufacturing budget and the budgeted financial statements of Schenck Development Partners: Required: a. Compute the budgeted amount for purchases

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The following information is from the manufacturing budget and the budgeted financial statements of Schenck Development Partners: Required: a. Compute the budgeted amount for purchases of direct materials during the year. b. Compute the budgeted amount for cash payments during the year to suppliers of materials

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