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Bonkowski Corporation Makes One Product and Has Provided the Following

question 15

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Bonkowski Corporation makes one product and has provided the following information to help prepare the master budget for the next four months of operations: Bonkowski Corporation makes one product and has provided the following information to help prepare the master budget for the next four months of operations:   Credit sales are collected:30% in the month of the sale70% in the following monthRaw materials purchases are paid:30% in the month of purchase70% in the following monthThe ending finished goods inventory should equal 30% of the following month's sales. The ending raw materials inventory should equal 10% of the following month's raw materials production needs.The estimated unit product cost is closest to: A)  $70.50 B)  $22.50 C)  $84.00 D)  $61.50 Credit sales are collected:30% in the month of the sale70% in the following monthRaw materials purchases are paid:30% in the month of purchase70% in the following monthThe ending finished goods inventory should equal 30% of the following month's sales. The ending raw materials inventory should equal 10% of the following month's raw materials production needs.The estimated unit product cost is closest to:


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