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Kwanzan Industries expects to sell 470 units of Product A and 410 units of Product B each day at an average price of $25 for Product A and $28 for Product B.The expected cost for Product A is 45% of its selling price and the expected cost for Product B is 65% of its selling price.Kwanzan Industries has no beginning inventory,but it wants to have a four-day supply of ending inventory for each product.Compute the budgeted purchases for the next (seven-day) week.(Round the answer to the nearest dollar.)
Herbert Spencer
A 19th-century English philosopher and sociologist known for applying the theory of natural selection to society, coining the phrase "survival of the fittest."
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An American progressive political activist and a critic of corporate power and monopoly, best known for his works on the Standard Oil Company.
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