Bronze corporation has the following information month, Ask an Expert

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Bronze Corporation has the following information: Month Budgeted Sales May $46,000 June 50,000 July 52,000 August 48,000 The cost of goods sold percentage is 65% and the desired inventory level is 25% of next month's sales. What is the expected total purchases budgeted for June?

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Accounting Basics, Accounting

Category:- Accounting Basics
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