Question: Kingbird State sells electronic products. The controller is responsible for preparing the master budget and has accumulated the information below for the months of January,

Kingbird State sells electronic products. The controller is responsible for preparing the master budget and has accumulated the information below for the months of January, February, and March.

Balances at January

1

are expected to be as follows:

\

table

[[

Cash

,

6, 320,

Inventories,$

355, 800

Kingbird State sells electronic products. The controller is responsible for preparing

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