Business
Business, 18.08.2021 18:50, lokiliddel

Assume the sales budget for April and May is 30,000 units and 32,000 units, respectively. The production budget for the same two months is 27,000 units and 28,800 units, respectively. Each unit of finished goods required 4 pounds of raw materials. The company always maintains raw materials inventory equal to 15% of the following months production needs. If the company pays $2.50 per pound of raw material, then what is the estimated cost of raw material purchases for April

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Assume the sales budget for April and May is 30,000 units and 32,000 units, respectively. The produc...

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