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QUESTION
cme Company provided the following information related to its inventory sales. Actual - December: 80,000 Budgeted-January: 140,000 Budgeted-February:...
cme Company provided the following information related to its inventory sales.
Actual - December: 80,000
Budgeted-January: 140,000
Budgeted-February: 180,000
Budgeted-March: 120,000
Acme desired ending inventory levels are 25% of the following months projected COGS. What would the budgeted purchases of inventory in February 2018 have been?
