ABC company has budgeted the following sales. January February March Sales ( on Income statement) $100,000 $200,000 $250,000 Cost of goods sold is 40% of
ABC company has budgeted the following sales. January February March Sales ( on Income statement) $100,000 $200,000 $250,000 Cost of goods sold is 40% of sales What is the budgeted cost of goods sold for each month? Select one: O none of these O January $40,000; Feb $80,000; March $100,000 January $100,000; Feb $200,000; March $250,000 January $60,000; Feb $120,000; March $150,000
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