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If there were 72,000 pounds of raw materials on hand on January 1, 196,000 pounds are desired for inventory at January 31, and 385,000 pounds are required for January production, how many pounds of raw materials should be purchased in January? 290,000 pounds. A. B. 509,000 pounds. C. 182,000 pounds. D. 337,000 pounds.

If there were 72,000 pounds of raw materials on hand on January 1, 196,000 pounds are desired for inventory at January 31, and 385,000 pounds are required for January production, how many pounds of raw materials should be purchased in January? 290,000 pounds. A. B. 509,000 pounds. C. 182,000 pounds. D. 337,000 pounds.

Principles of Accounting Volume 2
Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter7: Budgeting
Section: Chapter Questions
Problem 2EA: How many units are in beginning inventory it 32,000 units are budgeted for sales, 35,000 units are...
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If there were 72,000 pounds of raw materials on hand on January 1, 196,000 pounds are desired for inventory at January 31, and 385,000 pounds are required for January production, how many pounds of raw materials should be purchased in January? 290,000 pounds. A. B. 509,000 pounds. C. 182,000 pounds. D. 337,000 pounds.
Transcribed Image Text:If there were 72,000 pounds of raw materials on hand on January 1, 196,000 pounds are desired for inventory at January 31, and 385,000 pounds are required for January production, how many pounds of raw materials should be purchased in January? 290,000 pounds. A. B. 509,000 pounds. C. 182,000 pounds. D. 337,000 pounds.
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