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The wine-producing company Colston Vineyard expects to produce 2.6 million 3-litre bottles of Chablis in 2022. Colston purchases empty glass bottles from a reliable
The wine-producing company Colston Vineyard expects to produce 2.6 million 3-litre bottles of Chablis in 2022. Colston purchases empty glass bottles from a reliable supplier. The target ending inventory of such bottles is 82,000; the beginning inventory is 28,500. For simplicity, ignore loss due to breakage. Required Compute the number of bottles to be purchased in 2022. Select the labels. Then enter the amounts in the formula and calculate the number of bottles to be purchased. Direct materials to be used in production Add: Target ending direct materials inventory Total requirements Deduct: Beginning direct materials inventory Direct materials to be purchased 2600000 82000
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