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How complete a sale budget for quatrer, when the sales are 20%Sales budget for the 3rd quarter reveals

July                        Aug                  Sept

10,000 units     12,000 units      15,0000 units

Thomas desires to have 20% of the following months sales budget as ending inventory. The purchase price of 1 unit is $5. Beginning inventory for july would be the desired ending inventoryfor june. How many units need to be purchased in August?

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M9797794

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