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If Budgeted Beginning Inventory Is $8,300,budgeted Ending Inventory Is $9,400,and

Question 150

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If budgeted beginning inventory is $8,300,budgeted ending inventory is $9,400,and cost of goods sold is expected to be $10,260,then budgeted purchases should be $11,360.
Budgeted purchases = $9,400 + $10,260 - $8,300 = $11,360

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