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D&. Fumiture, a retail store, has an average gross profit ratio of 47%. The sales forecast for the next four months follows: Management's inventory policy

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D\&. Fumiture, a retail store, has an average gross profit ratio of 47%. The sales forecast for the next four months follows: Management's inventory policy is to have ending inventory equal to 330% of the cost of sales for the subsequent month. although it is estinated that the cost of inventory at February 28 will be $402,000 Required: Calculate the purchases budget, in dollars, for the months of March and April

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