Masterson Company's budgeted production calls for 60,000 units in April and 56,000 units in May...
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Accounting
Masterson Company's budgeted production calls for 60,000 units in April and 56,000 units in May of a key raw material that costs $1.75 per unit. Each month's ending raw materials inventory should equal 35% of the following month's budgeted materials. The April 1 inventory for this material is 21,000 units. What is the budgeted materials purchases for April
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