Magnolia inc manufactures bedding sets the budgeted

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Reference no: EM13598694

Magnolia, Inc. manufactures bedding sets. The budgeted production is for 11,900 comforters in 2012. Each comforter requires 7 yards of material. The estimated January 1, 2012, beginning inventory is 5,390 yards. The desired ending balance is 4,800 yards of material. If the material costs $8.00 per yard, determine the materials budget for 2012.

Reference no: EM13598694

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