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Skyland Company wants an ending inventory ea... Skyland Company wants an ending inventory each month equal to 29% of that month's cost of goods sold.
Skyland Company wants an ending inventory ea... Skyland Company wants an ending inventory each month equal to 29% of that month's cost of goods sold. Cost of goods sold for February is projected at $84,000. Ending inventory at the end of January was $35,000. Based on this information, purchases for February would be: $73, 360. $94, 640. $59, 640. $49,000
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