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Business, 15.04.2020 23:31 JoeyJo6704

Memphis Company's May sales budget... Memphis Company's May sales budget calls for sales of $890,000. The store expects to begin May with $49,000 of inventory and to end the month with $54,000 of inventory. Gross margin is typically 35% of sales. Compute the budgeted cost of merchandise purchases for May.

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Memphis Company's May sales budget... Memphis Company's May sales budget calls for sales of $890,000...
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