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TEC Ltd.'s budgeted purchases for November are $313,500. The company's November 1st inventory balance is $23,000, and a November 30th inventory of $33,500 is desired.

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TEC Ltd.'s budgeted purchases for November are $313,500. The company's November 1st inventory balance is $23,000, and a November 30th inventory of $33,500 is desired. Cost of units sold for November is expected to equal 63% of sales. What is TEC's sales budget for the month of November

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