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Snap, Inc, Provides the Following Data for the Next Four Months

Question 149

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Snap, Inc., provides the following data for the next four months:
Snap, Inc., provides the following data for the next four months: Desired Ending Inventory: Raw Materials = 30% of next month's production needs Pounds of raw material required for each finished Unit = 5 lbs. Required: Calculate the amount of purchases of raw materials in pounds for April and May. Desired Ending Inventory:
Raw Materials = 30% of next month's production needs
Pounds of raw material required for each finished Unit = 5 lbs.
Required:
Calculate the amount of purchases of raw materials in pounds for April and May.

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