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Calculate planned June purchases at cost, given the following information: June Sales $175,000 Reductions $20,000 BOM Stock for June $250,000 BOM Stock for July $150,000

Calculate planned June purchases at cost, given the following information:

June Sales $175,000

Reductions $20,000

BOM Stock for June $250,000

BOM Stock for July $150,000

Markup 48%

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