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Information on the actual sales and inventory purchases of the Law Company for the first quarter follow:
Inventory Sales Purchases
January $120,000 $60,000
February 100,000 78,000
March 130,000 90,000
Problem 1: What would be the expected cash disbursements during April for operating expenses?
Preparing a CVP Income Statement for 2019, assuming sales and production increase by 25% as outlined in the Marketing Plan.
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