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Kemmerly Company opens in September and plans to purchase wallets for $15 and sell them...

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Accounting

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Kemmerly Company opens in September and plans to purchase wallets for $15 and sell them for $20 per wallet. Kemmerly Company maintains ending inventory of 25% of next months sales. They plan to sell 1,800 units in September, 2,000 in October, and 2,250 in November. What is the budgeted cost of goods sold in November

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