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Thomas Corporation recorded sales of $108300 during March. Management expects sales to increase 5% in April, another 2% in May, and another 10% in June.
Thomas Corporation recorded sales of $108300 during March. Management expects sales to increase 5% in April, another 2% in May, and another 10% in June. Cost of goods sold is expected to be 62% of sales. What is the budgeted gross profit for June?
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