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Neat Logos buys logo - imprinted merchandise and then sells it to university bookstores. Sales are expected to be $2,007,000 in September $ 2 December.

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Neat Logos buys logo - imprinted merchandise and then sells it to university bookstores. Sales are expected to be $2,007,000 in September $ 2 December. Neat Logos sets its prices to earn an average 40% gross profit on sales revenue. The company does not want inventory to fail below Prepare a cost of goods sold, inventory and purchase budget for the months of October and November

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