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What is the budgeted change in inventory levels

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Question - The Willsey Merchandise Company has budgeted $40,000 in sales for the month of December. The company's cost of goods sold is 30% of sales. If the company has budgeted to purchase $18,000 in merchandise during December, what is the budgeted change in inventory levels over the month of December?

Reference no: EM132844144

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