purchases budget
accountguru (Not rated)
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The Scadoba Company has the following information available:
Month Budgeted Sales
March $150,000
April 153,000
May 151,000
June 254,500
July 252,500
The cost of goods sold rate is 38% and the desired ending inventory level is 25% of the next month's cost of sales.
Required:
Prepare a purchases budget for April, May and June.
13 years ago
purchases budget
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