Business, 29.03.2021 23:50 gototiger

Doanne Food Processing expects to have 55,000 pounds of raw materials inventory on hand on March 31, the end of the current year. The company budgets the following production (in units) for April through July, inclusive: April 139,000 May 149,000 June 177,000 July 139,000 At the end of each month the firm desires its ending raw material inventory to be 15% of the next month's production needs. Each finished unit requires three pounds of raw materials. Doanne's budgeted purchases for raw materials (in pounds) during April should be:

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Doanne Food Processing expects to have 55,000 pounds of raw materials inventory on hand on March 31,...

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