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Compute the budgeted purchases for the next? week

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Reference no: EM132507486

Kwanzan Industries expects to sell 490 units of Product A and 420 units of Product B each day at an average price of? $16 for Product A and? $30 for Product B. The expected cost for Product A is? 42% of its selling price and the expected cost for Product B is? 59% of its selling price. Kwanzan Industries has no beginning? inventory, but it wants to have a? five-day supply of ending inventory for each product.

Question 1: Compute the budgeted purchases for the next? (seven-day) week.? (Round the answer to the nearest? dollar.)

Reference no: EM132507486

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