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The Following Are Budgeted Data for the Bingham Corporation, a Merchandising

Question 52

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The following are budgeted data for the Bingham Corporation, a merchandising company:
The following are budgeted data for the Bingham Corporation, a merchandising company: -Assuming that the Bingham Corporation had inventory on hand of $70,000 (at cost) on January 1, the purchases for January (at cost) would be: A) $180,000 B) $250,000 C) $263,000 D) $110,000
-Assuming that the Bingham Corporation had inventory on hand of $70,000 (at cost) on January 1, the purchases for January (at cost) would be:


A) $180,000
B) $250,000
C) $263,000
D) $110,000

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