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How much is the material cost for may output

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Problem 1: Mendes Company makes units, and each unit requires 3 pounds of material at $2 per pound. 600 and 700 units will be built in May and June, respectively. Mendes keeps material on hand at 10% of the next month's production needs. How much is the material cost for May's output?

a) $3,500

b) $3,060

c) $2,400

d) $3,660

e) none of these

Reference no: EM132809674

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