Business
Business, 06.05.2020 06:10, teacherpreacher

Each unit of finished goods requires 4 pounds of raw materials. The ending finished goods inventory equals 10% of the following month's sales. The ending raw materials inventory equals 40% of the following month’s raw materials production needs. If 50,600 pounds of raw materials are required for production in June, then the budgeted raw material purchases for May is closest to:

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Each unit of finished goods requires 4 pounds of raw materials. The ending finished goods inventory...

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