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Business, 24.04.2020 20:58 xxcynthistxx

Masterson Company's budgeted production calls for 73,000 liters in April and 69,000 liters in May of a key raw material that costs $1.95 per liter. Each month's ending raw materials inventory should equal 20% of the following month's budgeted materials. The April 1 inventory for this material is 14,600 liters. What is the budgeted materials purchases for April?

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