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9. Belize Brewing Company Limited expects to sell 600 cases of Belikin Beer and 420 cases of Lighthouse each day at an average price of
9. Belize Brewing Company Limited expects to sell 600 cases of Belikin Beer and 420 cases of Lighthouse each day at an average price of $22 per case of Belikin Beer and $35 per case for Lighthouse. The expected cost for Belikin Beer is 25% of its selling price and the expected cost for Lighthouse is 40% of its selling price. Belize Brewing has no beginning inventory, but it wants to have a three-day supply of ending inventory for each product. Compute the budgeted cost of goods sold for the next (seven-day) week. (Round the answer to the nearest dollar.) A) $27.540 B) $64,260 C) $61,020 D) $83.700
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