What is the budgeted dollar amount of merchandise purchases

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Hanover Toy Store has budgeted sales of $48,000 for its electronics department in November. Management wants to have $11,000 in electronics inventory at the end of November. The beginning inventory of electronic toys is expected to be $9,000. What is the budgeted dollar amount of merchandise purchases for November?

Reference no: EM13134826

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What is the budgeted dollar amount of merchandise purchases : Hanover Toy Store has budgeted sales of $48,000 for its electronics department in November. Management wants to have $11,000 in electronics inventory at the end of November. The beginning inventory of electronic toys is expected to be $9,000. What..
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