Morty industries has projected sales of its product for the next 6 months: Jan 300...
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Accounting
Morty industries has projected sales of its product for the next months: Jan units, Feb units, march, units, april units, may units, june units. each unit is sold at $ per unit. the cost of good sold is typically of the following month's budgeted sales revenue. Morty tries to maintain a finished goods ending inventory equal to the of next month's cost of goods sold. January beginning inventories are expected to conform to company policy. prepare a purchase budget for March and April.
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