Question: Answer these questions the data is given below 3. Purchases budget: 20x0 December January February Budgeted cost of goods sold Add: Desired ending inventory Total

Add: Desired ending inventory Total goods needed Less: Expected beginning inventory Purchases

3. Purchases budget: 20x0 December January February Budgeted cost of goods sold Add: Desired ending inventory Total goods needed Less: Expected beginning inventory Purchases 20x1 March First Quarter

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