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SportSupplies Corporation has budgeted purchases of inventory for December of $166,200. Expected beginning Inventory on December 1 and ending Inventory on December 31 are
SportSupplies Corporation has budgeted purchases of inventory for December of $166,200. Expected beginning Inventory on December 1 and ending Inventory on December 31 are $80,000 and $130,000, respectively. If cost of goods sold averages 83% of sales, what are budgeted sales for December? OA. $260,482 O B. $96,446 OC. $453,253 OD. $140,000 Click to select your answer.
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