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If Budgeted Beginning Inventory Is $8,300, Budgeted Ending Inventory Is

Question 89

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

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