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Business, 02.07.2021 03:00 jessicaisbaehood

Delaware Chemical Company uses oil to produce two types of plastic products, P1 and P2. Delaware budgeted 28,300 barrels of oil for purchase in June for $71 per barrel. Direct labor budgeted in the chemical process was $221,000 for June. Factory overhead was budgeted at $361,700 during June. The inventories on June 1 were estimated to be:

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Delaware Chemical Company uses oil to produce two types of plastic products, P1 and P2. Delaware bud...

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