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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
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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