beginning inventory of mens shirts

IPLE CHOICE. Choose the one alternative that best comp 1) Willard's Department Store has budgeted cost of goods sold of $42,000 for its men's shorts in letes the statement or answers the questi March. Management also wants to have $7,600 of men's shorts in inventory at the end of March to prepare for the summer season. Beginning inventory of mens $5,500. What dollar amount of men's shorts should be purchas of men's shorts for March is expected to be in March? A) $39,900 B) $29,900 C) $44,100 D) $55,100 TWllara's Department Store has budgeted cost of goods sold March. Management also wants to have $7,600 of men's s prepare for the summer season. Beginning inventory o $5,500. What dollar amount of men's shorts should be purchased in March? 000 for its men's shorts in shorts in inventory at the end of March to t of men's shorts should be purchased in March? s expected to be A) $39,900 B) $29,900 C $44,100 D) $55,100 2) Sander Enterprises prepared the following sales budget Month Budgeted Sales March April May June $8,000 $13,000 $12,000 $14,000 The expected gross profit rate is 40% and the inventory at the end of February was $10,000. Des inventory levels at the end of the month are 20% of the next month's cost of goods sold. What are the total purchases budgeted for April? D) S9,360 $7,680 C) $7,440 A) $7,920 3) Victoria Corporation manufactures quality vases. Budgeted sales and production data for the are as follows: 2,000 2,500 Month 1 budgeted unit sales