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Shymont Company wants an ending inventory each month equal to 28% of that month's cost of goods sold. Cost of goods sold for February is

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Shymont Company wants an ending inventory each month equal to 28% of that month's cost of goods sold. Cost of goods sold for February is projected at $85000. Ending inventory at the end of January was $34.000. Based on this information, purchases for February would be: Multigie Choice $58,200 574,800 551000 59=200

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