ave, women they were Puhdast Gede de 101 Our Ended and And B Tui P Date More info M Tural 2.500 Cash 01 www Net 31000 1.000 0.000 0001 TO 1.000 DO In the ng and the face with us Invertory wodne w 10000 10% ng The 10.000 Th.000 Cro GO 0000 To Done Sannol, Inc. solistire rime. Its sales budget for the nine months ended September 30, 2018, and additonal information follow (Click the icon to view the budget.) (Click the icon to view additional information) Piena vairventory, purchases, and cost of poods sold budget for each of the firut three quarters of the year. Computo cost of goods sold for the entire nine month period, Scannell, Inc. Inventory. Purchases, and cost of Goods Sold Budget Nine Months Ended September 30, 2018 Quarter Ended Quarter Ended March 31 September 30 Quarter Ended Nine-Month Total June 30 Plus: Less Scannell, Inc. Inventory, Purchases, and cost of Goods Sold Budget Data Table More Info In the past, cost of goods sold has been 40% of total sales. The director of marketing and the financial vice president agree that each quarter's ending Inventory should not be below $30,000 plus 10% of cost of goods sold for the following quarter. The marketing director expects sales of $210,000 during the fourth quarter. The January 1 inventory was 516,000 Cash sales, 30% Credit sales, 70% Total sales Quarter Ended Nine-Month March 31 June 30 September 30 Total S 33,000 48,000 5 40,500 5 121,500 77.000 112.000 94.500 283.500 5 110,000 5 160.000 $ 135,000 $ 405.000 Print Done Print Done