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Matthew owns a clothing boutique, and he is in the process of creating a purchases budget for August, which is next month. Matthew has gathered
Matthew owns a clothing boutique, and he is in the process of creating a purchases budget for August, which is next month. Matthew has gathered the following budgetary data: Budgeted Sales Volume, 1150 units; Target Ending Merchandise Inventory, 270 units; and Beginning Units in Merchandise Inventory, 70 units. The purchase price per unit is $14, and Matthew takes advantage of a $50 purchase discount for the order. What are Matthew's Budgeted Net Purchases for August? O $18900 O $19830 O $19780 O $18850 eTextbook and Media
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