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Jackson Pharmacy sells headache tablets for "powerful headaches" at a price of $20 per bottle....

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Accounting

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Jackson Pharmacy sells headache tablets for "powerful headaches" at a price of $20 per bottle. Jackson's purchase price is 40% of the sales price. The following information comes from the most recent budget: April 6,800 May 7,100 June 7,200 July 7,000 Expected sales (bottles) Desired ending inventory is 20 percent of next month's sales. Beginning inventory for April was forecast to be 6,000 bottles. Purchases budget for May = $

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