Zira Co. reports the following production budget for the next four months. Each finished unit requires five pounds of raw materials, and the company wants to end each month with raw materials inventory equal to 30% of next month’s production needs. Beginning raw materials inven- tory for April was 663 pounds. Assume direct materials cost $4 per pound. Prepare a direct materials budget for April, May, and June
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Zira Co. reports the following production budget for the next four months. Each finished unit requir...
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