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10-14 (not 10-13) Mississippi Retailers expects to make inventory purchases in the next quarter as follows: April $60,000 May 70,000 June 95,000 Prior experience has
10-14 (not 10-13)
Mississippi Retailers expects to make inventory purchases in the next quarter as follows: April $60,000 May 70,000 June 95,000 Prior experience has shown that 70 percent of a month's purchases are paid in the month of purchase and 30 percent are paid in the month following purchase. March purchases were $55,000. Estimate cash disbursements related to purchases for April, May, and June. Expected manufacturing costs for Imperial Data Devices are as follows: Estimate manufacturing costs for production levels of 12,000 units, 15,000 units, and 17,000 units per month
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