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Donnelly Enterprises, a chocolate distribution company, prepares its master budget on a monthly and quarterly basis. Budgeted Sales in units for January, February, March and
Donnelly Enterprises, a chocolate distribution company, prepares its master budget on a monthly and quarterly basis. Budgeted Sales in units for January, February, March and April of are Budgeted Sales in Units January 7,000 February 8,500 March 9,000 April 5,000 Beginning inventory of January consists of 1,260 units. At the end of each month, inventory on hand should equal 30% of the following month's sales needs. Prepare an inventory purchase budget for February. The cost of inventory per unit is $6.00. Select one: o a. $61,900 O b. $50,900 O c. $51,900 O d. $60,900 Donnelly Enterprises, a chocolate distribution company, prepares its master budget on a monthly and quarterly basis. Budgeted Sales in units for January, February, March and April of are Budgeted Sales in Units January 7,000 February 8,500 March 9,000 5,000 April Beginning inventory of January consists of 1,260 units. At the end of each month, inventory on hand should equal 30% of the following month's sales needs. Prepare an inventory purchase budget for March. The cost of inventory per unit is $6.00. Select one: O a. $45,800 b. $45,700 O o O c. $46,800 d. $45,750
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