Refer to the information in M8-5 for Preston, Inc. Each unit requires 1.75 hours of direct labor,
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Preston, Inc., manufactures wooden shelving units for collecting and sorting mail. The company expects to produce 480 units in July and 400 units in August. Each unit requires 10 feet of wood at a cost of $1.50 per foot. Preston wants to always have 300 feet of wood on hand in materials inventory. Prepare Preston’s raw materials purchases budget for July and August.
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Related Book For
Managerial Accounting
ISBN: 978-0078025518
2nd edition
Authors: Stacey Whitecotton, Robert Libby, Fred Phillips
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