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Business, 26.06.2020 20:01 xyxenpaiz5386

Wallace Company provides the following data for next year: Month Budgeted Sales January $ 128 comma 000 February 118 comma 000 March 142 comma 000 April 147 comma 000 The gross profit rate is 35% of sales. Inventory at the end of December is $ 27 comma 600 and target ending inventory levels are 20% of next month's sales, stated at cost. What is the amount of purchases budgeted for January?

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Wallace Company provides the following data for next year: Month Budgeted Sales January $ 128 comma...
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