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Budgeted sales for the first quarter of the year for the Cullison Company are as follows: Month Budgeted Sales in Units January 75,000 February 100,000
Budgeted sales for the first quarter of the year for the Cullison Company are as follows:
Month | Budgeted Sales in Units |
January | 75,000 |
February | 100,000 |
March | 110,000 |
Cullison plans to maintain an ending inventory equal to 10% of the following months budgeted sales volume. Budgeted purchases for February would be:
A. | 100,000 | |
B. | none of these | |
C. | 111,000 | |
D. | 101,000 | |
E. | 110,000 |
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