Management expects sales to increase 5 in april another 2


Thomas Corporation recorded sales of $109476 during March. Management expects sales to increase 5% in April, another 2% in May, and another 10% in June. Cost of goods sold is expected to be 68% of sales. What is the budgeted gross profit for June?

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Accounting Basics: Management expects sales to increase 5 in april another 2
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