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bernie2981 bernie2981
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9 years ago
The format of the "cost of goods sold, inventory, and purchases" budget is as follows:
A) cost of goods sold - desired ending inventory + beginning inventory.
B) desired ending inventory - beginning inventory - cost of goods sold.
C) desired ending inventory + beginning inventory - cost of goods sold.
D) cost of goods sold + desired ending inventory - beginning inventory.
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Managerial Accounting

Managerial Accounting


Edition: 4th
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nucleinuclei
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9 years ago
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bernie2981 Author
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9 years ago
Answers my question perfectly.
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