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Business, 20.11.2019 07:31 Joustian

Magnolia, inc., manufactures bedding sets. the budgeted production is for 55,000 comforters this year. each comforter requires 7 yards of material. the estimated january 1 beginning inventory is 31,000 yards with the desired ending balance of 30,000 yards of material. if the material costs $4 per yard, determine the materials budget for the year.

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