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The sales budget for Modesto Corporation shows that 24,000 units of Product A will be sold in the current month and 28,000 units will be
The sales budget for Modesto Corporation shows that 24,000 units of Product A will be sold in the current month and 28,000 units will be sold next month. Beginning inventory for the current month is 2,400 units, and the company wants to have 10% of next months sales in inventory at the end of the month. Budgeted purchases of Product A for the current month would be:
26,800 units.
24,400 units.
24,000 units.
23,136 units.
17,040 units.
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