Solution-What is the dollar amount that the store has

What is the dollar amount that the store has budgeted

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Reference no: EM132590821

A department store has budgeted sales of $ 12,000 in men's suits for the month of September. Store management wants to have 6,000 suits in inventory at the end of the period to be ready for the winter season. The initial inventory for the month of September is expected to be 4,000 suits.

Question 1: What is the dollar amount that the store has budgeted to buy in suits for the month of September, if each one has a cost of $ 75?

Option 1: $ 1,050,000

Option 2: $ 1,350,000

Option 3: $ 1,200,000

Option 4: $ 900,000

Option 5: $ 750,000

Reference no: EM132590821

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What is the dollar amount that the store has budgeted

Reference no: EM132590821

Reference no: EM132590821

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