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What is budgeted total cost of direct materials purchases

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Question - Sheridan Company determines that 50000 pounds of direct materials are needed for production in July. There are 2800 pounds of direct materials on hand at July 1 and the desired ending inventory is 2400 pounds. If the cost per unit of direct materials is $3, what is the budgeted total cost of direct materials purchases?

Reference no: EM131671458

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