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Baghdad company is preparing budgets for the second quarter of year, BC production needs for the next five months are: April 65000 may 115000 July 57500 June 72500 august 75000 At BC,5 pounds of materials are required per unit of -product. -Management wants, materials on hand at the end of each month equal to 10% of the following month's production. -materials cost is $0.40 per pound. I NOT: Required preparing direct materials budget and cost purchased EN