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2. The purchasing department manager for Holiday anticipates that $2,000 of Supplies Expense will be reported in June and $2,500 in July. Holiday's policy is

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2. The purchasing department manager for Holiday anticipates that $2,000 of Supplies Expense will be reported in June and $2,500 in July. Holiday's policy is to maintain an ending supplies balance equal to 10 percent of the following month's supplies expense. At May 31, Holiday had $200 worth of supplies on hand. How many dollars' worth of supplies should Holiday plan to purchase in June

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