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Your company has sales of $94,300 this year and cost of goods sold of $60,800. You forecast sales to increase to $117,200 next year. Using

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Your company has sales of $94,300 this year and cost of goods sold of $60,800. You forecast sales to increase to $117,200 next year. Using the percent of sales method, forecast next year's cost of goods sold. The forecasted cost of goods sold (COGS) is (Round to the nearest dollar.)

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