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ABC Company, a sporting equipment store expects to purchase $8,300 of ski boots in October. The store had $2,700 of ski boots in merchandise Inventory

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ABC Company, a sporting equipment store expects to purchase $8,300 of ski boots in October. The store had $2,700 of ski boots in merchandise Inventory at the beginning of October, and expects to have $1,700 of ski boots in merchandise Inventory at the end of October to cover part of anticipated November sales. What is the budgeted cost of goods sold for October? Multiple Choice $10.000 58,300 $9,300 $4,400 $11.000

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