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Three pounds of raw materials are required to produce one unit of product. The company wants raw materials on hand at the end of each

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Three pounds of raw materials are required to produce one unit of product. The company wants raw materials on hand at the end of each month equal to 21% of the following month's production needs. The company is expected to have 45,108 pounds of raw materials on hand on January 1 . Budgeted production for February should be

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