If there were 70,000 pounds of raw materials on hand on January 1, 140,000 pounds...
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Accounting
If there were 70,000 pounds of raw materials on hand on January 1, 140,000 pounds are desired for inventory at January 31, and 420,000 pounds are required for January production, how many pounds of raw materials should be purchased in January?
Group of answer choices
490,000 pounds
560,000 pounds
350,000 pounds
280,000 pounds
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