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Oil & Vinegar Store recorded sales of $150,000 during March. Management expects sales to increase 3% in April, another 25% in May, and another
Oil & Vinegar Store recorded sales of $150,000 during March. Management expects sales to increase 3% in April, another 25% in May, and another 8% in June. Cost of goods sold is expected to be 60% of sales. What is the budgeted gross profit for June? OA. $250,000 B. $90,000 C. $83,430 D. $208,575
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