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In May 2 0 2 2 , the budget committee of Concord stores assembled the following data in preparation of budgeted merchandise purchases for the
In May the budget committee of Concord stores assembled the following data in preparation of budgeted merchandise purchases for the month of June. Expected sales: June $ July $ Cost of goods sold is expected to be of sales. Desired ending merchandise inventory is of the following next months cost of goods sold. The beginning inventory at June will be the desired amount. Complete a budgeted merchandise purchases for
June.
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