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Do It! Review 21-5 Zeller Company estimates that 2017 sales will be $44,500 in quarter 1, $56,700 in quarter 2, and $66,600 in quarter 3.
Do It! Review 21-5 Zeller Company estimates that 2017 sales will be $44,500 in quarter 1, $56,700 in quarter 2, and $66,600 in quarter 3. Cost of goods sold is 50% of sales Management desires to have ending finished goods inventory equal to 14% of the next quarter's expected cost of goods sold Prepare a merchandise purchases budget by quarter for the first 6 months of 2017 ZELLER COMPANY Merchandise Purchases Budget Quarter Six Months Click if you would like to Show Work for this question: Open Show Work
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