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The planning budget for March was based on producing and selling 28,000 units. However, during March the company actually produced and sold 34,000 units
The planning budget for March was based on producing and selling 28,000 units. However, during March the company actually produced and sold 34,000 units and incurred the following costs: a. Purchased 180,000 pounds of raw materials at a cost of $8.50 per pound. All of this material was used in production. b. Direct laborers worked 69,000 hours at a rate of $15 per hour. c. Total variable manufacturing overhead for the month was $565,110. quired: What raw materials cost would be included in the company's planning budget for March? Retur
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