Magnolia, Inc. manufactures bedding sets. The budgeted production is for 55,000 comforters in 2010. Each comforter requires 7 yards of material.

Magnolia, Inc. manufactures bedding sets. The budgeted production is for 55,000 comforters in 2010. Each comforter requires 7 yards of material. The estimated January 1, 2010, beginning inventory is 31,000 yards. The desired ending balance is 30,000 yards of material. If the material costs $4.00 per yard, determine the materials budget for 2010.

Magnolia, Inc. manufactures bedding sets. The budgeted production is for 55,000 comforters in 2010. Each comforter requires 7 yards of material. The estimatedJanuary 1, 2010, beginning inventory...