If there were 60000 pounds of raw materials on hand on January 1, 130000 pounds are desired

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If there were 60000 pounds of raw materials on hand on January 1, 130000 pounds are desired for inventory at January 31, and 550000 pounds are required for January production, how many pounds of raw materials should be purchased in January?

680000 pounds

420000 pounds

620000 pounds

480000 pounds

Related Book For answer-question

Accounting Principles

ISBN: 978-0470533475

9th Edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

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Posted Date: Oct 10, 2018 02:45 AM

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If there were 60000 pounds of raw materials on hand on January 1, 130000 pounds are desired

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