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The Schwartz Company buys winter coats for $30 and sells them for $70; the company has the following sales forecast: 600 units for November 900
The Schwartz Company buys winter coats for $30 and sells them for $70; the company has the following sales forecast: 600 units for November 900 units for December 700 units for January Ending inventory for each month should be 10% of the next month's sales. The company has monthly rent of $2,400 and payroll of $6,800. The company had 30 units on hand on November 1st. What is budgeted net income for November
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