Homework Answers
SOLUTION
| Production in February | 20,200 |
| Raw material per unit | 1 |
| Raw material in production | 20,200 |
| Add: Ending inventory (18,700*1*20%) | 3,740 |
| Total needs | 23,940 |
| Less: Beginning inventory (20,200*1*20%) | (4,040) |
| Raw material purchase for February | 19,900 |
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