Question
TEC Ltd.s budgeted purchases for November are $396684. The companys November 1st inventory balance is $19546, and a November 30th inventory of $31836 is desired.
TEC Ltd.s budgeted purchases for November are $396684. The companys November 1st inventory balance is $19546, and a November 30th inventory of $31836 is desired.
Cost of units sold for November is expected to equal 73% of sales. What is TECs sales budget for the month of November?
Select one:
a. $526567
b. $560238
c. $1423681
d. $301869
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The Life Audit
Authors: Michelle Moroney
1st Edition
978-0717184736
