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Gary, an accountant at a Trader Matthew's store, is working on the cost of goods sold (COGS) budget. He extracts some data from the
Gary, an accountant at a Trader Matthew's store, is working on the cost of goods sold (COGS) budget. He extracts some data from the purchase budget to complete the COGS budget. Based on the purchasing budget, the budgeted beginning and the ending finished goods inventories are 155 and 230 units respectively, and the budgeted purchases are 510 units at $4.60 per unit. What will the expected COGS be for the month of August? O $4117 $2001 $2691 $2346
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