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Determine the materials budget for the year

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Reference no: EM132690919

Problem 1: Magnolia, Inc., manufactures bedding sets. The budgeted production is for 13,800 comforters this year. Each comforter requires 7 yards of material. The estimated January 1 beginning inventory is 5,390 yards with the desired ending balance of 4,000 yards of material. If the material costs $4.30 per yard, determine the materials budget for the year.

Reference no: EM132690919

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