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    Fundamental Accounting Principles Study Set 1
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    Exam 22: Master Budgets and Planning
  5. Question
    If Budgeted Beginning Inventory Is $8,300, Budgeted Ending Inventory Is
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If Budgeted Beginning Inventory Is $8,300, Budgeted Ending Inventory Is

Question 148

Question 148

Multiple Choice

If budgeted beginning inventory is $8,300, budgeted ending inventory is $9,400, and budgeted cost of goods sold is $10,260, budgeted purchases should be:


A) $11,360
B) $1,100
C) $9,160
D) $1,960
E) $860

Correct Answer:

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