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  3. orr company makes and sells a single product calle

Orr Company makes and sells a single product called a Bik. It takes three yards...

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Accounting

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Orr Company makes and sells a single product called a Bik. It takes three yards of Material A to make one Bik. Budgeted production of Biks for the next three months is as follows: The company wants to maintain monthly ending inventories of Material A equal to 20% of the next month's production needs. The cost of material A is $1.25 per yard. The company is in the process of preparing a direct materials purchases budget. Calculate the total cost of material A budgeted to be purchased in March. Do not use decimals in your

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