Bash Company expects to sell 4,000 units for $160 each for a total of 640,000 in January and 4,000 units for $185 each for a total of $740,000 in February. The company expects cost of goods sold to average 50% of sales revenue, and the company expects to sell 4,400 units in March for $290 each. Bash's target ending inventory is $12,000 plus 40% of the next month's cost of goods sold. Prepare Bash's inventory, purchases, and cost of goods sold budget for January and February.

S22A-16 (similar to) IE Question Help Bash Company expects to sell 4,000 units for S160 each for a total of $640,000 in January and 4,000 units for $185 each for a total of $740,000 in February. The company expects cost of goods sold to average 50% of sales revenue, and the company expects to sell 4,400 units in March for $290 each Bash target ending inventory is $12,000 plus 40 of the next months cost of s goods Prepare Bash's inventory, purchases, and cost of goods sold budget for January and February Bash Company Inventory, Purchases, and Cost of Goods Sold Budget Two months Ended January 31 and February 28 January February Cost of goods sold Plus: Desired ending merchandise inventory Total merchandise inventory required Less: Beginning merchandise inventory Budgeted purchases Enter any number in the edit fields and then click Check Answer. All parts showing Clear All Check