Business, 06.08.2019 23:20, Hamadsaqer9

Miami solar manufactures solar panels for industrial use. the company budgets production of 5,000 units (solar panels) in july and 5,300 units in august. each unit requires 3 pounds of direct materials, which cost $6 per pound. the company’s policy is to maintain direct materials inventory equal to 30% of the next month’s direct materials requirement. as of june 30, the company has 4,500 pounds of direct materials in inventory, which complies with the policy. prepare a direct materials budget for july.

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Miami solar manufactures solar panels for industrial use. the company budgets production of 5,000 un...