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Purchases Budget in Units and Dollars Budgeted sales of The Music Shop for the first six months of 2010 are as follows: Beginning inventory for
Purchases Budget in Units and Dollars Budgeted sales of The Music Shop for the first six months of 2010 are as follows: Beginning inventory for 2010 is 40,000 units. The budgeted inventory at the end of a month is 20 percent of units to be sold the following month. Purchase price per unit is $3. Prepare a purchases budget in units and dollars for each month, January through May
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