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Tuscarora, Inc., a merchandising company, has the following budgeted figures: Jan $56,700 Sales Cost of goods sold Required ending inventory Inventory on hand on
Tuscarora, Inc., a merchandising company, has the following budgeted figures: Jan $56,700 Sales Cost of goods sold Required ending inventory Inventory on hand on Jan 1 Feb $64,000 Mar $88,000 60% of sales $10,000+30% of next month's sales $27,500 Calculate the budgeted purchases for the month of January OA. $29,200 OB. $35,720 OC. $4,820 D. $63,220 April $92,000
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