Exercise 209 (Algo) Manufacturing: Direct materials budget LO P1 Ramos Company...
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Exercise 209 (Algo) Manufacturing: Direct materials budget LO P1 Ramos Company provides the following budgeted production for the next four months: Each finished unit requires 5 pounds of direct materials. The company wants to end each month with direct materlais inventory equal to 30% of next month's production needs, Beginning direct materials inventory for April was 765 pounds, Direct moterials cost $2 per pound. Prepare a direct materials budget for April, May, and June
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