The Pizza Merchandise Company has budgeted $54,000 in sales for the month of December. The...
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Accounting
The Pizza Merchandise Company has budgeted $54,000 in sales for the month of December. The company's cost of goods sold is 35% of sales. If the company has budgeted to purchase $32,000 in merchandise during December, then the budgeted change in inventory levels over the month of December is: $22,000 decrease $13,100 increase. $3,100 decrease. $19,985 increase.
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