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#3 SurfCity Boards has beginning inventory of 2.000 on 1/1/2019. Surf estimates it will sell 10.000 boards during the first quarter of 2019 There will
#3 SurfCity Boards has beginning inventory of 2.000 on 1/1/2019. Surf estimates it will sell 10.000 boards during the first quarter of 2019 There will be a 12% Increase in board sales in each of the remaining 3 quarters of 2019. Surf's policy is to maintain an ending Inventory equal to 25% of the next quarter's sales. Each board costs $100 to manufacture Selling price to surfers is $150. QUESTION: What is the budgeted sales revenue SSSS. for the third quarter of 2019
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