Solved: The willsey merchandise company has budgeted 40000 in sales, Financial Accounting

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The willsey merchandise company has budgeted 40000 in sales

1. The Willsey Merchandise Company has budgeted $40,000 in sales for the month of December. The company's cost of goods sold is 30% of sales. If the company has budgeted to purchase $18,000 in merchandise during December, then the budgeted change in inventory levels over the month of December is:

A. $6,000 increase
B. $10,000 decrease
C. $22,000 decrease
D. $15,000 increase

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Financial Accounting: The willsey merchandise company has budgeted 40000 in sales

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Financial Accounting: The willsey merchandise company has budgeted 40000 in sales

Reference No:- TGS01277485

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