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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 May
The McShera buys mixing machines for $90 each and sells them for $220 each. The company projected the following sales in units March April May June 5,500 6,000 5,200 5,000 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 Coyle Company produces and sells wooden walking sticks; the company recently paid an employee who works on the production line. In an accounting framework, the transaction used to record the payment would include O (Cash) and +Inventory 0 +Cash and +Revenue O (Inventory) and (Cost of goods sold) O (Cash) and (Payroll expense) O (Cash) and (Cost of goods sold)
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