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    xxmeli1313xx's Avatar
    xxmeli1313xx Posts: 1, Reputation: 1
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    #1

    Dec 10, 2011, 11:49 AM
    I need help with the format of a purchases budget.
    I've already come up with the sales, COGS, and the desired inventory dollar amounts. I just need to know what the actual format looks like because I don't want to lose points for not using the right format.
    hartlema's Avatar
    hartlema Posts: 2, Reputation: 1
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    #2

    Jun 7, 2012, 05:18 PM
    Pascall Corp. expects to sell 1,300 units of its camera bags in March and 900 units in April. Each unit sells for $110. Pascall’s ending inventory policy is 40 percent of the following month’s sales. Pascall pays its supplier $50 per unit.
    paraclete's Avatar
    paraclete Posts: 2,706, Reputation: 173
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    #3

    Jun 7, 2012, 06:05 PM
    A simple P&L statement including opening and closing inventory in the cost of sales calculation with the data for each month arranged in columns to allow comparison should surfice

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