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Debra Wholesalers is preparing its merchandise purchases budget. Budgeted sales are $384,000 for April and $460,800 for May. Cost of goods sold is expected to

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Debra Wholesalers is preparing its merchandise purchases budget. Budgeted sales are $384,000 for April and $460,800 for May. Cost of goods sold is expected to be 75% of sales. The company's desired ending inventory is 10% of the following month's cost of goods sold. Compute the required purchases for April

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