Crane Industries has adopted the following production budget for the first 4...
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Crane Industries has adopted the following production budget for the first months of Each unit requires pounds of raw materials costing $ per pound. On December the ending raw materials inventory was pounds. Management wants to have a raw materials inventory at the end of the month equal to of next month's production requirements. Prepare a direct materials purchases budget by month for the first quarter. CRANE INDUSTRIES Direct Materials Purchases Budget 
Crane Industries has adopted the following production budget for the first months of
Each unit requires pounds of raw materials costing $ per pound. On December the ending raw materials inventory
was pounds. Management wants to have a raw materials inventory at the end of the month equal to of next month's
production requirements.
Prepare a direct materials purchases budget by month for the first quarter.
CRANE INDUSTRIES
Direct Materials Purchases Budget
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