Question: Problems 1. Nemo Corp. wants ending inventory to be 25% of that month's cost of goods sold. In June, Nemo's cost of goods sold

Problems 1. Nemo Corp. wants ending inventory to be 25% of that month's cost of goods sold. In June, Nemo's cost of goods sold is projected at $480,000. Ending inventory in May was $160,000. Based on this information, required purchases for June would be:

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