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7 August, 04:51

Masterson Company's budgeted production calls for 72,000 liters in April and 68,000 liters in May of a key raw material that costs $1.90 per liter. Each month's ending raw materials inventory should equal 30% of the following month's budgeted materials. The April 1 inventory for this material is 21,600 liters. What is the budgeted materials need in liters for April

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