FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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A June sales forecast projects that 8,000 units are going to be sold at a price of $11.00
per unit. The desired ending inventory of units is 12% higher than the beginning
inventory of 900 units. Merchandise purchases for June are projected to include how
many units?
O 8,000 units
O 8,108 units
O 7,892 units
O 9,008 units
O 8,450 units
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Transcribed Image Text:A June sales forecast projects that 8,000 units are going to be sold at a price of $11.00 per unit. The desired ending inventory of units is 12% higher than the beginning inventory of 900 units. Merchandise purchases for June are projected to include how many units? O 8,000 units O 8,108 units O 7,892 units O 9,008 units O 8,450 units
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