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Dawes Designs buys T - shirts for clubs, teams, and other organizations. Dawes takes the shirts and adds the organization's logo . Because of the
Dawes Designs buys Tshirts for clubs, teams, and other organizations. Dawes takes the shirts and adds the organization's logo Because of the uncertainty in the timing of the sales and to avoid stock outages, Dawes tries to maintain an inventory of shirts equal to twomonth's of sales. The shirts cost $ each and must be paid for in cash. On June of the current year, the company expects to have shirts in stock. Sales estimates, based on contracts received and historical data, are as follows for the next six months:
July
August
September
October
November
December
Required:
a & b Estimate purchases in units and cash required to make purchases in July, August, and September.
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