Multiple Choice
Pardise Company plans the following beginning and ending inventory levels (in units) for July:
Two units of raw material are needed to produce each unit of finished product.
-What is the budgeted accounts receivable balance on June 1 of the current year?
A) $56,000
B) $64,000
C) $76,000
D) $132,000
Correct Answer:

Verified
Correct Answer:
Verified
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