Caspion Corporation makes and sells a product called a Miniwarp. One Miniwarp requires 8,5 kilograms...
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Caspion Corporation makes and sells a product called a Miniwarp. One Miniwarp requires 8,5 kilograms of the raw material Jurislon, Budgeted production of Miniwarps for the next five months is as follows: August September October November December 23,200 units 21,900 units 23,300 units 24,500 units 24,200 units The company wants to maintain monthly ending inventories of Jurision equal to 20% of the following month's production needs. On July 31, this requirement was not met since only 11,400 kilograms of Jurision were on hand. The cost of Jurislon is $24 per kilogram. The company wants to prepare a Direct Materials Purchase Budget for the next five months. The total cost of Jurision to be purchased in August is
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