Question: please help me fill out the chart with the given information. thank you! Required information Miami Solar manufactures solar panels for industrial use. The company
please help me fill out the chart with the given information. thank you!
Required information Miami Solar manufactures solar panels for industrial use. The company budgets production of 4,500 units (solar panels) in July and 5,400 units in August. Each unit requires 4 pounds of direct materials, which cost $7 per pound. The company's policy is to maintain direct materials inventory equal to 30% of the next month's direct materials requirement. As of June 30 , the company has 5,400 pounds of direct materials in inventory. Prepare the direct materials budget for July
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