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1) KunalCorporationhadsalesof$60,000inAugust;$80,000inSeptember;$95,000in October;$115,000inNovemberand$145,000inDecember.Costofgoodssoldhas consistentlybeenat65%ofsales.Additionally,Kunalhad$45,000worthofmerchandiseat thestartofAugustandplansonhavinginventoryonhandworth20%ofnextmonth'scostof goodssold.Ifallinventorypurchasesarepurchasedandpaidforinthecurrentmonth, calculatetheamountofinventorypurchasedandpaidforinSeptember. A. $53,950 B.$64,450 C.$78,650 D.$84,150 please explain why answer is 53,950?

1) KunalCorporationhadsalesof$60,000inAugust;$80,000inSeptember;$95,000in

October;$115,000inNovemberand$145,000inDecember.Costofgoodssoldhas

consistentlybeenat65%ofsales.Additionally,Kunalhad$45,000worthofmerchandiseat

thestartofAugustandplansonhavinginventoryonhandworth20%ofnextmonth'scostof

goodssold.Ifallinventorypurchasesarepurchasedandpaidforinthecurrentmonth,

calculatetheamountofinventorypurchasedandpaidforinSeptember.

A.$53,950

B.$64,450

C.$78,650

D.$84,150

please explain why answer is 53,950?

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