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Burpee Company sells seeds to garden stores. Sales are expected to be $2,092,729 in January, $2,569,666 in February and $3,026,066 in March. Burpee Company sells
Burpee Company sells seeds to garden stores. Sales are expected to be $2,092,729 in January, $2,569,666 in February and $3,026,066 in March.
Burpee Company sells seeds to garden stores. Sales are expected to be $2,092,729 in January, $2,569,666 in February and $3,026,066 in March. Burpee sets their prices so that they earn an average 29% gross profit on sales revenue. What is budgeted cost of goods sold for the first quarter (January, February and March)? Round your answer to the nearest whole number. Do not round any intermediate calculationsStep by Step Solution
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