Business
Business, 02.08.2019 18:20, victoriahuntley12148

Manufacturing: direct materials budget lo p1 each unit requires 2 pounds of direct materials, which cost $5 per pound. the company’s policy is to maintain direct materials inventory equal to 40% of the next month’s direct materials requirement. as of june 30, the company has 3,520 pounds of direct materials in inventory, which complies with the policy. prepare a direct materials budget for july.

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