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Crouse Corporation Has the Following Information

Question 38

Multiple Choice

Crouse Corporation has the following information:
Crouse Corporation has the following information: The cost of goods sold percentage is 65 percent, and the desired inventory level is 25 percent of next month's sales. -The desired ending inventory for July is A) $39,000. B) $42,250. C) $21,000. D) $31,000. The cost of goods sold percentage is 65 percent, and the desired inventory level is 25 percent of next month's sales.
-The desired ending inventory for July is


A) $39,000.
B) $42,250.
C) $21,000.
D) $31,000.

Correct Answer:

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