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Garfield Corp. expects to sell 1,200 units of its pet beds in March and 900 units in April. Each unit sells for $130. Garfield's ending
Garfield Corp. expects to sell 1,200 units of its pet beds in March and 900 units in April. Each unit sells for $130. Garfield's ending inventory policy is 20 percent of the following month's sales. Garfield pays its supplier $30 per unit. Compute Garfield's budgeted purchases for March. Total Cost of Budgeted Purchases
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