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What total dollar amount would the company report

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Reference no: EM132540920

Question - The Foley Company purchases toy cars from a supplier for $12 each and then sells them to its customers for $25 each. The company forecasted unit sales of

October 2,000

November 2,200

December 3,400

Ending inventory for September was 1,200 units and the company wants budgeted ending inventory to be 20% of the following month's forecasted sales. What total dollar amount would the company report in its purchases budget for November?

Reference no: EM132540920

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