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Business, 13.10.2021 08:00 aleilyg2005

Direct Materials Purchases Budget Pasadena Candle Inc. budgeted production of 730,000 candles for the January. Wax is required to produce a candle. Assume 15 ounces of wax is required for each candle. The estimated January 1 wax inventory is 17,400 pounds. The desired January 31 wax inventory is 13,700 pounds. If candle wax costs $1.20 per pound, determine the direct materials purchases budget for January. (One pound

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