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Please answee A and following question! Thanks I will leave a like Blossom Specialties, a retailer of West African food products, has completed the following
Please answee A and following question! Thanks I will leave a like Blossom Specialties, a retailer of West African food products, has completed the following sales forecast for the coming year: Blossom Specialties maintains an ending inventory level of 60 percent of the following month's cost of goods sold. The company's cost of goods sold is 30 percent of sales. (a) Prepare Blossom Specialties purchases budget for June and July. (Round COGS percentoge to 2 decimol places, es. 52.75.) Karen White is preparing the materials purchases budget for the first quarter. The production manager has provided the following production budget information: January - 60900 units, February - 54700 units, March - 48600 units. Each unit requires 5 gallons of direct materials, and Karen wants to maintain an ending inventory equal to 15% of the next month's production needs. How many gallons will Karen budget to purchase in February? 273500 282725 309950 268925
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