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Jaeger Company Has the Following Data: the Cost of Goods

Question 81

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Jaeger Company has the following data: Jaeger Company has the following data: The cost of goods sold percentage is 65% of sales and the desired ending inventory is 25% of next month's sales at cost.What are the total purchases budgeted for July? A) $33,150 B) $33,800 C) $41,600 D) $42,250 The cost of goods sold percentage is 65% of sales and the desired ending inventory is 25% of next month's sales at cost.What are the total purchases budgeted for July?


A) $33,150
B) $33,800
C) $41,600
D) $42,250

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