Business, 16.04.2020 23:18 starfox5454

Spring 20 Company has prepared the following sales budget: Month Budgeted Sales Sep $300,000 Oct $310,000 Nov 330,000 Dec 350,000 Cost of goods sold is budgeted at 60% of sales and the inventory at the end of August was $36,000. Desired inventory levels at the end of each month are 15% of the next month's cost of goods sold. What is the desired beginning inventory on December 1? You must show your work to get credit.

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Spring 20 Company has prepared the following sales budget: Month Budgeted Sales Sep $300,000 Oct $31...

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