A sporting equipment store expects to purchase $7,500 of ski boots in October. The store had $3,500 of ski boots in merchandise inventory at the beginning of October, and expects to have $2,500 of ski boots in merchandise inventory at the end of October to cover part of anticipated November sales. What is the budgeted cost of goods sold for October? A. $7,500 B. $10,000 C. $8,500 D. $11,000 E. $6,000,
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