Estimated purchases for march should be between

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The manager of MN Company give you the following data to prepare the required purchases for the coming three months

Estimated sales for January $60,000.00

For the coming   5%

Three months

Cost of goods sold (CGS) 60% of sales

Beginning inventory $10,000.00

Ending inventory equal to $10,000.00

Of next

20% of next month CGS

Question 1: Estimated purchases for March should be between

Reference no: EM132506988

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