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State Logos buys logo-imprinted merchandise and then sels it to university bookstores. Sales are expected to be $2,009,000 in Soptember, $2,250,000 in Oetober, $2,377,000 in

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State Logos buys logo-imprinted merchandise and then sels it to university bookstores. Sales are expected to be $2,009,000 in Soptember, $2,250,000 in Oetober, $2,377,000 in November, and 52,500,000 in December. State Logos sets za prices to earn an average 40s gross profit on sales ravenue. The company does not want inventory to fall below $425,000 plus 15% of the next month's cost of goods sold. Prepare a cost of goods sold, inventory, and purchases budget for the months of October and November

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