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Make a purchases budget for the department

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Reference no: EM132418446

The shoe department of Noardstone's Department Store has prepared a sales budget for April calling for a sales volume of $75,000. The department expects to begin in April with a $50,000 inventory and to end the month with an $42,500 inventory. Its cost of goods sold averages 70% of sales.

Make a purchases budget for the department showing the amount of goods to be purchased during April.

Reference no: EM132418446

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