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Garden Catering provides catering to downtown offices. The company estimated there will be $50,600 in food inventory at the beginning of December 2020. Garden Catering

image text in transcribed Garden Catering provides catering to downtown offices. The company estimated there will be $50,600 in food inventory at the beginning of December 2020. Garden Catering wants to have half of that amount in its inventory at the end of December. Based on the forecast, cost of food sales in December will be $118,800. Required: Prepare a purchases budget

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