Jenkins. Inc. makes and sells candles. Each candle uses pound of wax. Budgeted production of candles in
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The company wants to maintain monthly ending inventories of wax equal to 30% of the following month's budgeted production needs. On March 31, there were 1,800 pounds of wax on hand. The cost of wax is $0.80 per pound. In good form, prepare a direct materials purchases budget for the April in the space provided. (Omit the heading.)
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Cornerstones of Cost Management
ISBN: 978-1285751788
3rd edition
Authors: Don R. Hansen, Maryanne M. Mowen
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