Win corporation sells a single product budgeted sales for, Ask an Expert

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Win Corporation sells a single product. Budgeted sales for the year are anticipated to be 675,521 units, estimated beginning inventory is 104,612 units, and desired ending inventory is 88,206 units. The quantities of direct materials expected to be used for each unit of finished product are given below.

Material A .50 lb. per unit @ $0.66 per pound
Material B 1.00 lb. per unit @ $1.68 per pound
Material C 1.20 lb. per unit @ $1.05 per pound

What is the dollar amount of direct material A used in production during the year?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9968909

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