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At January 1, 2022, Vaughn, Inc. has beginning inventory of 5000 widgets. Vaughn estimates it will sell 48000 units during the first quarter of 2022

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At January 1, 2022, Vaughn, Inc. has beginning inventory of 5000 widgets. Vaughn estimates it will sell 48000 units during the first quarter of 2022 with a 5% increase in sales each quarter. Vaughn's policy is to maintain an ending inventory equal to 10% of the next quarter's sales. Each widget costs $2 and is sold for $4. How much is budgeted sales revenue for the third quarter of 2022? $52920$192000$211680$191000

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