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Dierk Co. Projected the following sales information and details for the next Quarter below: Month 410000 February March April Budgeted Sales $ 150,000 350,000 490,000

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Dierk Co. Projected the following sales information and details for the next Quarter below: Month 410000 February March April Budgeted Sales $ 150,000 350,000 490,000 410,000 Gross Profit rate 32% Inventory at end of December 75,000 Desired Inventory as a % of sales 25% What would the company's desired inventory balance be at the end of March? 102,500

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