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The Mojim Corporation's sales budget for the next two months is as follows: The company's policy is to hold month end inventories equal to 5.0
The Mojim Corporation's sales budget for the next two months is as follows: The company's policy is to hold month end inventories equal to 5.0 % of the following month's sales. The selling price of a unit of $34 and the cost is $25.10. What is the budgeted dollar purchases for the month of April? Select one: $567453.27 $741898.27 $722541.15 $1004961.80
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