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Freighters Inc. has the following budgeted figures: Calculate the budgeted purchases for the month of January. A) $40,250 B) $52,000 C) $33,750 D) $51,750 Sales

Freighters Inc. has the following budgeted figures:

Calculate the budgeted purchases for the month of January.

A) $40,250

B) $52,000

C) $33,750

D) $51,750

Sales Cost of goods sold Required ending inventory Inventory on hand on Jan 1st Jan Feb Mar $50,000 $65,000 $80,000 60% of sales $15,000+ 25% of sales of next month $27,500 April $95,000

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