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You are given the following information related to ABC manufacturing company Month March April May June July Budgeted Sales $200.000 212.000 204.000 218.000 210.000 In

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You are given the following information related to ABC manufacturing company Month March April May June July Budgeted Sales $200.000 212.000 204.000 218.000 210.000 In addition, the gross profit rate is 40% and the desired inventory level is 30% of next month's cost of sales. Required: Prepare a purchases budget for April through June

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