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If There Were 70,000 Pounds of Raw Materials on Hand

Question 65

Multiple Choice

If there were 70,000 pounds of raw materials on hand on January 1, 140,000 pounds are desired for inventory at January 31, and 420,000 pounds are required for January production, how many pounds of raw materials should be purchased in January?


A) 350,000 pounds
B) 560,000 pounds
C) 280,000 pounds
D) 490,000 pounds

Correct Answer:

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