Seas. Inc. makes and sells buckets. Each bucket uses 3/4 pound of plastic. Budgeted production of buckets
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The company wants to maintain monthly ending inventories of plastic equal to 25% of the following month's budgeted production needs. The cost of plastic is $1.40 per pound. In good form, prepare a direct materials purchases budget for the month of May in the space provided. (Omit the heading.) Show ALL calculations. Label all amounts clearly.
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Buckets to be produced during May 20000 Pounds of plastic needed for eac...View the full answer
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Related Book For 
Cornerstones of Cost Management
ISBN: 978-1285751788
3rd edition
Authors: Don R. Hansen, Maryanne M. Mowen
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