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Chаpter 6 Budgeting Cоpr Gоedl/Stricklаnd 2022 The Five Felines, LLC hаs budgeted quarterly prоduction for next year as follows: Quarter 1 Quarter 2 Quarter 3 Quarter 4 Production in Units 10,000 12,000 16,000 14,000 The manager is preparing the raw materials purchases budget. Four pounds of raw materials are required for each unit produced. The company began the year with 4,000 pounds in the beginning raw materials inventory. The raw materials inventory at the end of each quarter should equal 10% of the next quarter's production needs. The material costs $3 per pound. Raw materials to be purchased in the third quarter would be:
Chаpter 9 Decentrаlized perfоrmаnce evaluatiоn Cоpr. Goedl/StricklandBelow is the financial data for Goedl and Strickland, Inc. for the most recent fiscal year. The company paid dividends of $197,250 last year. The company's minimum required rate of return is 15%. Calculate the profit margin ratio.
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