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Rhinestone company has a sales budget for subsequently

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Rhinestone Company has a sales budget for subsequently month of $300,000. Cost of goods sold is expected to be 40 % of sales. All goods are purchased in month used and paid for in the month subsequent purchase. The starting inventory of merchandise is $10,000, and an ending inventory of $12,000 is desired. starting accounts payable is $76,000. The cost of goods sold for next month is expected to be

Reference no: EM13370813

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