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The formula underlying the budget for direct materials usage is: Total units needed for production times Cost of materials Desired ending inventory Units needed

The formula underlying the budget for direct materials usage is:

Total units needed for production

\

times Cost of materials

Desired ending inventory

Units needed for production

+

Beginning inventory

Desired ending inventory

+

Units needed for production

+

Beginning inventory

Desired ending inventory

+

Units needed for production

Beginning inventory

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