Solution-Calculate the budgeted purchases for the month of

Calculate the budgeted purchases for the month of january

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Reference no: EM132590439

Tuscarora,Inc., a merchandising company, has the following budgeted figures:

                        Jan. Feb. Mar.               April
Sales.       $51,200. $60,000.     $85,000. $94,000
Cost of goods sold. 60% of sales
                      $10,000+25%
                   Of next month's
                               Sales

Required ending inventory
Inventory on hand on Jan 1. $30,000

Question 1: Calculate the budgeted purchases for the month of January.

Option A) $25,720

Option B) $55,720

Option C) $5,720

Option D) $25,000

Reference no: EM132590439

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Calculate the budgeted purchases for the month of january : Calculate the budgeted purchases for the month of January.Tuscarora,Inc., a merchandising company, has the budgeted figures

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Calculate the budgeted purchases for the month of january

Reference no: EM132590439

Reference no: EM132590439

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