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Sunland Wholesalers is preparing its merchandise purchases budget. Budgeted sales are $ 3 9 0 , 0 0 0 for April and $ 4 8

Sunland Wholesalers is preparing its merchandise purchases budget. Budgeted sales are $390,000 for April and $480,000 for May. Cost of goods sold is expected to be 66% of sales. The company's desired ending inventory is 22% of the following month's cost of goods sold. Calculate the required purchases for April.

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