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Please and thank you DIT Unique Logos buys logo-impnted merchandise and then seils it to university bookstores. Sales we expected to be $2,001,000 in September,
Please and thank you
DIT Unique Logos buys logo-impnted merchandise and then seils it to university bookstores. Sales we expected to be $2,001,000 in September, $2,200,000 in Octobet, $2,385,000 in November, and $2,540,000 in December. Unique Logos sets its prices to earn an average 40% gross prolit on sales revenue. The company does not want inventory to fall below 5405,000 plus 10% of the next month's cost of goods sold Prepare a cost of goods sold, inventory, and purchases budget for the months of October and November D Gm Unique Logos Cost of Goods Sold, Inventory, and Purchases Budget For the Months of October and November October November Cost of goods sold Plus Desired ending inventory Total inventory required Less: Beginning inventory Purchases Step by Step Solution
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