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expects to generate the following sales for the next three months: July August September Expected sales $490,000 $540,000 $580,000 BW's cost of goods sold is

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expects to generate the following sales for the next three months: July August September Expected sales $490,000 $540,000 $580,000 BW's cost of goods sold is 60% of sales dollars. At the end of each month, BW wants a merchandise inventory balance equal to 25% of the following month's expected cost of goods sold. What dollar amount of merchandise inventory should BW plan to purchase in August? Select one: a. $330,000 b. $352,800 O c. $327,800 d. $314,600

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