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I HAVE ANSWER BELOW I JUST NEED EXPLANATION ON HOW TO GET IT PLEASE The Sachs Corporation buys lawn mowers for $215 and sells them
I HAVE ANSWER BELOW I JUST NEED EXPLANATION ON HOW TO GET IT PLEASE
The Sachs Corporation buys lawn mowers for $215 and sells them for $380; the company has the following sales forecast: June 1,200 units, July 2,400 units and August 3,200 units. Ending inventory for each month should be 10% of the next month's sales. The company had 180 units on hand on June 1st. What total dollar amount would appear on the company's income statement budget for cost of goods sold for July? 516,000 (with margin: 0)Step by Step Solution
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