budgeted amount of raw materials
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The budgeted amount of raw materials to be purchased is determined by:
- adding the desired ending inventory of raw materials to the raw materials needed to meet the production schedule.
- subtracting the beginning inventory of raw materials from the raw materials needed to meet the production schedule.
- adding the desired ending inventory of raw materials to the raw materials needed to meet the production schedule and subtracting the beginning inventory of raw materials.
- adding the beginning inventory of raw materials to the raw materials needed to meet the production schedule and subtracting the desired ending inventory of raw materials.
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The budgeted amount of raw materials to be purchased.
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Answer: Adding the desired ending inventory of raw materials to the raw materials needed to meet the production ...
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