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Mathematics, 28.06.2019 16:20 theo39

The expected gross profit rate is 40% and the inventory at the end of february was $10,000. desired inventory levels at the end of the month are 20% of the next month’s cost of goods sold. what is the budgeted ending inventory for may in dollars not units?

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The expected gross profit rate is 40% and the inventory at the end of february was $10,000. desired...
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