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At January 1, 2022, Coronado, Inc. has beginning inventory of 4800 widgets. Coronado estimates it will sell 32000 units during the first quarter of 2022
At January 1, 2022, Coronado, Inc. has beginning inventory of 4800 widgets. Coronado estimates it will sell 32000 units during the first quarter of 2022 with a 5% increase in sales each quarter. Coronados policy is to maintain an ending inventory equal to 10% of the next quarters sales. Each widget costs $2 and is sold for $4. How much is budgeted sales revenue for the third quarter of 2022? A $35280 B $128000 C $141120 D $127040
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