Question: Exercise 7-4 Preparing Direct Materials and Direct Labour Budgets (LO2 - CC7, 8) - EDITED The production department of Hareston Company has submitted the following

Exercise 7-4 Preparing Direct Materials and Direct Labour Budgets (LO2 - CC7, 8) - EDITED The production department of Hareston Company has submitted the following forecast of units to be produced by quarter for the upcoming fiscal year: 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Units to be produced 7,200 8,200 6,200 5,200 In addition, the beginning raw materials inventory for the first quarter is budgeted to be 1,500 kilograms and the beginning accounts payable for the

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