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Note the following figures: Planned June sales=$729,000 Planned June markdowns= $23,000 Planned stock June 1 =$1,345,000 Planned stock July 1 =$1,125,000 Planned markup= 45% Determine:

Note the following figures:

Planned June sales=$729,000

Planned June markdowns= $23,000

Planned stock June 1 =$1,345,000

Planned stock July 1 =$1,125,000

Planned markup= 45%

Determine: Planned June purchases at retail and cost

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