Business, 21.04.2020 19:19 burnsmykala23

Durango Co. desires to maintain an ending inventory equal to 10% of next month's cost of budgeted sales. Assume that Durango Co. maintained this level of ending inventory for the month of September. The cost of budgeted sales for October is $100,000 and the cost of budgeted sales for November is $200,000. Calculate required purchases for the month of October.

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Durango Co. desires to maintain an ending inventory equal to 10% of next month's cost of budgeted sa...

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