QS 20-12 (Algo) Manufacturing: Direct materials budget LO P1 Zortek Corporation budgets production of 410...
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QS 20-12 (Algo) Manufacturing: Direct materials budget LO P1 Zortek Corporation budgets production of 410 units in January and 300 units in February. Each finished unit requires six pounds of material Z, which costs $2 per pound. Each month's ending inventory of material Z should be 30% of the following month's budgeted production. The January 1 inventory has 738 pounds of material Z. Prepare a direct materials budget for January
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