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The Sunny Beach T

The Sunny Beach T - $86,400 The remaining budgets of a...

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The Sunny Beach T-Shirt Company Merchandise Purchases Budget For the Second Quarter 20X0 Sales units 10,000 Required units in ending inventory (10% × 18,000) 1,800 Merchandise required 11,800 Less: units in beginning inventory (10% × 10,000) (1,000) Required merchandise purchases 10,800 Cost per unit × $8 Cost of merchandise purchases
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Unformatted text preview: $86,400 The remaining budgets of a merchandising company (sales, selling expenses, general and administrative expenses, capital expenditures, cash, income statement, and balance sheet) are the same as those discussed for a manufacturing company....
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