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Zortek Corp. budgets production of 340 units in January and 290 units in February. Each finished unit requires three pounds of raw material Z, which
Zortek Corp. budgets production of 340 units in January and 290 units in February. Each finished unit requires three pounds of raw material Z, which costs $3 per pound. Each months ending inventory of raw materials should be 50% of the following months budgeted production. The January 1 raw materials inventory has 130 pounds of Z. Prepare a direct materials budget for January
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