Town Logos buys logo-imprinted merchandise and then sells it to university bookstore prices to earn an average 40% gross profit on sales revenue. The company does not Prepare a cost of goods sold, inventory, and purchases budget for the months of Octo Town Logos Cost of Goods Sold, Inventory, and Purchases Budget For the Months of October and November October November Cost of goods sold Plus: Desired ending inventory Total inventory required Less: Beginning inventory Purchases Dected to be $2,009,000 in September, $2,190,000 in October, $2,385,000 in November, and $2,590,000 in December. Town Logos sets its fall below $440,000 plus 10% of the next month's cost of goods sold. Der