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# \$5.00Managerial Accounting

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Provide step by step detailed solution of following assignment so that I could understand the solution.

Walt ’ s Whistles manufactures referee whistles. At the end of February, Walt ’ s has 2,000 pounds of steel for whistles in inventory. Walt ’ s expects to produce and sell 50,000 whistles in March. Each whistle requires a standard quantity of 0.2 pounds of steel. Walt wants to have 5,000 pounds of steel in inventory at the end of March. Walt ’ s has no whistles in beginning finished goods inventory and does not plan to have any whistles in ending finished goods inventory. Each pound of steel has a standard cost of \$7.00. Prepare Walt ’ s purchase budget for steel in March. How much does Walt ’ s expect to spend on steel in March? Anticipated steel expenditure: \$

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the explanation is written in yellow and answer is writte in green
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• Posted on Aug. 05, 2011 at 11:50:01AM
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The full tutorial is about 12 words long plus attachments.

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Walt ’ s Whistles.xlsx (12K)

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Raw Material Budget - Complete Step-wise - Can be Used as Generic Sheet for calculating budget for any Raw Material
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The full tutorial is about 19 words long plus attachments.

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Managerial Accounting - Raw Material Purchase Budget.xls (23K)
Managerial Accounting - Raw Material Purchase Budget.xlsx (11K)

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100% Correct Solution Step by Step. As discussed.
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• Posted on Aug. 06, 2011 at 01:14:57AM
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