Question: Please provide the accurate answer to this general accounting problem using appropriate methods. A sporting goods store purchased $9,450 worth of ski boots in October.

Please provide the accurate answer to this general accounting problem using appropriate methods.

A sporting goods store purchased $9,450 worth of ski boots in October. The store had $4,050 of ski boots in inventory at the beginning of October and expects to have $3,400 of ski boots in inventory at the end of October to cover part of anticipated November sales. What is the budgeted cost of goods sold for October? A. 7,450 B. 9,450 C. 10,100 D. 12,850 E. 13,500

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