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Business, 17.04.2020 00:16 s27511583

Zira Co. reports the following production budget for the next four months. April May June July Production (units) 626 680 658 638 Each finished unit requires four pounds of raw materials and the company wants to end each month with raw materials inventory equal to 30% of next month’s production needs. Beginning raw materials inventory for April was 751 pounds. Assume direct materials cost $3 per pound. Prepare a direct materials budget for April, May, and June.

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