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The McShera buys mixing machines for $90 each and sells them for $220 each. The company projected the following sales in units March April 5,500
The McShera buys mixing machines for $90 each and sells them for $220 each. The company projected the following sales in units March April 5,500 6,000 5,200 5,000 May June Inventory on March 1st was 800 units and the company wants to maintain ending inventory at 15% of the next month's projected sales volume. What total dollar amount of sales would be budgeted for March? The McShera buys mixing machines for $90 each and sells them for $220 each. The company projected the following sales in units March April 5,500 6,000 5,200 5,000 May June Inventory on March 1st was 800 units and the company wants to maintain ending inventory at 15% of the next month's projected sales volume. What total dollar amount of sales would be budgeted for March? The Logan Company reported the following ending information after its first month of operations: Revenues Equipment Dividends Common stock Rent expense $135,100 65,000 1,500 56,800 29,700 Inventory Cash Payroll expense Notes payable $8,400 12,300 107,000 What amount of notes payable would the company report in its financial statements
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