(Answered) Question - wally-mart has budgeted cost of goods sold for

Accounting

Question - Wally-Mart has budgeted cost of goods sold for March of $50,000 for its men's shorts. Management wants to have $12,000 of shorts in inventory at the end of the month to prepare for the summer season. Beginning inventory in March was $7,000. What dollar amount of shorts should be purchased to meet the above plans?

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