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Business, 15.04.2021 21:20 ayoismeisalex

A sales budget has been prepared for April. Management wants the amount of ending inventory each month to be equal to 20% of that month's cost of goods sold. Cost of goods sold for April is projected at $62,000. Ending inventory at the end of March is expected to be $12,400. Based on this information, what would the amount of purchases be for April

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A sales budget has been prepared for April. Management wants the amount of ending inventory each mon...

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