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Playland has budgeted sales of $34,000 during September. The store expects to begin September with...

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Accounting

Playland has budgeted sales of $34,000 during September. The store expects to begin September with an $18,700 inventory and end the month with a $16,500 inventory. Playland's cost of goods sold averages 60% of sales. Determine budgeted purchases for September.

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