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What is the bidgeted cost of purchases of Z1 for February? QUESTION 4 1 Lawrence Co. budgets to produce 500 units of one of its
What is the bidgeted cost of purchases of Z1 for February?
QUESTION 4 1 Lawrence Co. budgets to produce 500 units of one of its products, X2x, in each of the first three months of 2022. Each finished unit of x2x requires 2 pounds of a steel alloy known as, zl. The company plans to end each month with enough inventory of 71 to manufacture 30% of next month's production of x2x. The beginning raw materials inventory of zi in January is expected to be 600 pounds. Lawrence has a contract for 2022 to purchase zi from its normal supplier at a cost of $3.1 per pound. What is the budgeted cost of purchases of zi for February
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