jeffhuffle17
16.04.2020 •
Business
Zhang Industries budgets production of 450 units in June and 460 units in July. Each finished unit requires 5 pounds of raw material K, which costs $6 per pound. Each month’s ending inventory of raw materials should be 20% of the following month’s budgeted production. The June 1 raw materials inventory has 450 pounds of raw material K. Compute budgeted cost of purchases for raw material K for June
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