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In September 2022, the budget committee of Blue Spruce Company assembles the following data: 1. 2. 3. 4. Expected Sales
Posted: Fri Jul 01, 2022 8:39 am
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- In September 2022 The Budget Committee Of Blue Spruce Company Assembles The Following Data 1 2 3 4 Expected Sales 1 (62.76 KiB) Viewed 35 times
In September 2022, the budget committee of Blue Spruce
Company assembles the following data: 1. 2. 3. 4. Expected Sales October November December $1,840,000 1,710,000 1,560,000 Cost of goods sold is expected to be 60% of sales. Desired ending merchandise inventory is 30% of the next month's cost of goods sold. The beginning inventory at October 1 will the desired amount. Prepare the budgeted income
statement for October through gross profit on sales, including a cost of goods sold schedule. BLUE SPRUCECOMPANY Budgeted Income
Statement V $
BLUE SPRUCECOMPANY Budgeted Income
Statement $ +A $ LA $