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Julie Finn Is Preparing the Materials Purchases Budget for the First

question 58

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Julie Finn is preparing the materials purchases budget for the first quarter.The production manager has provided the following production budget information: January - 60,000 units, February - 55,000 units, March - 50,000 units.Each unit requires 5 gallons of direct materials, and Julie wants to maintain an ending inventory equal to 15% of the next month's production needs.How many gallons will Julie budget to purchase in February?


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