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A department store has a budgeted sales of $12,000 men's suits in September. Management wants to have 6,000 suits in inventory at the end fo the...

A department store has a budgeted sales of $12,000 men's suits in September. Management wants to have 6,000 suits in inventory at the end fo the month to prepare for the winter season. Beginning inventory for September is expected to be $4,000 suits. What is the dollar amount of purchase of suits? Each suit has a cost of $75.

This question was asked on Mar 17, 2010.

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