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Flowers Incorporated has budgeted cost of goods sold for August of $1,000 for plastic flowers. Management also wants to have $500 in inventory at the

Flowers Incorporated has budgeted cost of goods sold for August of $1,000 for plastic flowers. Management also wants to have $500 in inventory at the end of the month to prepare for the fall season. Beginning inventory in August was $400. What dollar amount of plastic flowers should be purchased to meet the above objectives

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