If there were 40000 pounds of direct materials on hand on January 1, 120000 pounds are desired for inventory at January 31, and 480000 pounds are required for January production, how many pounds of direct materials should be purchased in January? O560000 pounds 0600000 pounds O400000 pounds O360000 pounds

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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If there were 40000 pounds of direct materials on hand on January 1, 120000 pounds are desired for inventory at January 31, and
480000 pounds are required for January production, how many pounds of direct materials should be purchased in January?
O560000 pounds
O 600000 pounds
O400000 pounds
360000 pounds
Transcribed Image Text:If there were 40000 pounds of direct materials on hand on January 1, 120000 pounds are desired for inventory at January 31, and 480000 pounds are required for January production, how many pounds of direct materials should be purchased in January? O560000 pounds O 600000 pounds O400000 pounds 360000 pounds
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