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Multiple Choice Question 63 If there were 70000 pounds of raw materials on hand on January 1, 130000 pounds are desired for i
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A. 650,000 pounds

Materials to be Purchased = Production Needs + Desired Ending Inventory – Beginning Inventory

Materials to be Purchased = 590,000 + 130,000 – 70,000

Materials to be Purchased = 650,000 pounds

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