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ASAP! Nantucket industries manufactures and sells two models of watches, Prime and Luxuria. It expects to sell 3,600 units of Prime and 2,000 units of
ASAP!
Nantucket industries manufactures and sells two models of watches, Prime and Luxuria. It expects to sell 3,600 units of Prime and 2,000 units of Luxuria in 2020 The following estimates are given for 2020: Nantucket had an inventory of 240 units of Prime and 125 units of Luxuria at the end of 2019 . It has decided that as a measure to counter stock outages it will mainkin ending imventory of 350 units of Prime and 230 units of Luxuria. Each Luxuria watch requires one unit of Crimpson and has to be imported at a cost of $10. There were 100 units of Crimpson in stock at the end of 2019. The managemei does not want to havo any stock of Crimpton at the end of 2020. What is the amount budgeted for purchase of Crimpson in 2020 ? A. 537,100 B. 520,050 c. 520,000 D. 521,050 Step by Step Solution
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