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Question 1: To produce one unit, M Company requires 13kg direct materials. The company projects to produce 3527 units in quarter 1, 3508 units in quarter 2, and 4360 in quarter 3. To ensure a smooth production process the company has always 8% of next quarter's production requirements as ending inventory. What are the budgeted total cost of direct materials purchases in quarter 2 if the expected purchasing price is $20 per kg?
a. $912080b. $1002768c. $929802d. None of the available answer choicese. $1076130
On March 1, 2012 newton company purchased land for an office site by paying $900,000 cash. Began construction on the office building on March 1. The office was completed and ready for occupancy on July 1 to help pay for construction, $1,200,000 was b..
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