cost of goods sold averages 70% of sales

M Search results-vos5@msstate.e xACrOgAciSP qALQUjOApdXRH x+ k-apps-viewer.googleusercontent.com/viewer/secure/pdf/h66j90ntlefk1 1rutp0hijg37pgeh2h/hjhoDahl4djvcqpcm753uudts... Paused Once budgeted sales are known, then cost of goods sold, ending inventory, and purchases can be determin The following equations explain the relationship between the inventory related items: Cancel Beginning inventory +Purchases Ending inventory Cost of goods sold Purchases Cost of goods sold + Ending inventory-Beginning inventory 2600 series The cost of goods sold percentage is estimated at: [ 70%) of sales. Pete's Pet Shop provides the following information March 31 (beginning) inventory is: June 30 (ending) target inventory is: . Target inventory at the end of each month cost of goods sold averages 53,600 53,600 20,000 plus 80% of cost of goods sold for the next m S 70% of sales Pete's Pet Shop Inventory, Purchases, and Cost of Goods Sold Budget t+P) April May June Total Cost of Goods Sold + Desired Ending Inventory -Total Inventory Required M Search results-vos5@msstate.e xACrOgAciSP qALQUjOApdXRH x+ k-apps-viewer.googleusercontent.com/viewer/secure/pdf/h66j90ntlefk1 1rutp0hijg37pgeh2h/hjhoDahl4djvcqpcm753uudts... Paused Once budgeted sales are known, then cost of goods sold, ending inventory, and purchases can be determin The following equations explain the relationship between the inventory related items: Cancel Beginning inventory +Purchases Ending inventory Cost of goods sold Purchases Cost of goods sold + Ending inventory-Beginning inventory 2600 series The cost of goods sold percentage is estimated at: [ 70%) of sales. Pete's Pet Shop provides the following information March 31 (beginning) inventory is: June 30 (ending) target inventory is: . Target inventory at the end of each month cost of goods sold averages 53,600 53,600 20,000 plus 80% of cost of goods sold for the next m S 70% of sales Pete's Pet Shop Inventory, Purchases, and Cost of Goods Sold Budget t+P) April May June Total Cost of Goods Sold + Desired Ending Inventory -Total Inventory Required