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| Teaching Since: | May 2017 |
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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
14. Budgeted sales for July (units) 2,600 Ratio of inventory to sales 60% Budgeted ending inventory (units), June 30 1,560 Budgeted sales (units) for June 2,800 Required units of inventory 4,360 Beginning inventory (units), June 1 1,900 Units to be purchased 2,460 Budgeted cost per unit $10 Budgeted cost of purchases $24,600 Why will 2,460 units need to be purchased in June? A. To eliminate the possibility of a stock-out for July sales B. To satisfy the ratio of inventory to budgeted cost of purchases C. To meet the sales and ending inventory demands at the end of June D. To eliminate the possibility of a stock-out for June sales please explain work
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