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A merchandising company plans to sell 450 units in March. The selling price per unit is $150. The company expects to have 45 units in
A merchandising company plans to sell 450 units in March. The selling price per unit is $150. The company expects to have 45 units in inventory on March 1 and would like to have 80 units in inventory on March 31.
A).How many units should be purchased during the month?
B).If the purchase price per unit is $80 what would be the total costs of inventory purchase during the month?
[Show calculations in detail to earn full credit].
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