Determine the materials budget

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Magnolia, Inc. manufactures bedding sets. The budgeted production is for 20,400 comforters in 2012. Each comforter requires 7 yards of material. The estimated January 1, 2012, beginning inventory is 4,640 yards. The desired ending balance is 5,200 yards of material. If the material costs $8.00 per yard, determine the materials budget for 2012.

Reference no: EM13775565

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