hello noura ,
the equation : COGS = purchases + beginning inv. - ending inv.
the excel sheet explain for you ,
if you don't understanding , you can tell me 966538373304
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Ali Abdalla
Accountant
CAIRO
Egypt
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Original Message:
Sent: 11-24-2021 01:52 PM
From: Noura Abuhammad
Subject: Master budget-section B_cma part 1
Hello everyone ,,,
I would like an explanation of the answer to this question !
Why the ending inventory percentage taken from cost of good sold while the question text ( maintaining inventory at 15 % of the next month's forecast sales)!!!