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Wright \& Boyle Company budgeted the following production in units for the second quarter of...

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Accounting

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Wright \& Boyle Company budgeted the following production in units for the second quarter of the year: Each unit requires five pounds of raw material. Wright \& Boyle's policy is to have 20% of the following month's production needs for materials in inventory. This policy was met in March. Raw materials purchases budgeted for May in pounds equal

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