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Sander Enterprises prepared the following sales budget: MonthBudgeted Sales March April May June $6,000 $15,000 $10,000 $12,000 The expected gross profit rate is 10% and
Sander Enterprises prepared the following sales budget: MonthBudgeted Sales March April May June $6,000 $15,000 $10,000 $12,000 The expected gross profit rate is 10% and the inventory at the end of February was $11,000. Desired inventory levels at the end of the month are 20% of the next month's cost of goods sold. What are the total purchases budgeted for April? O A. $14,400 B. $12,600 OC. $16,200 OD. $13,500
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