Flower Catering provides catering to downtown offices. The company estimated there will be $42,400 in food inventory at the beginning of December 2020 . Flower Catering wants to have half of that amount in its inventory at the end of December. Based on the forecast, cost of food sales in December will be $137,000.

Flower Catering Purchases Budget Month Ending December 31, 2020
Budgeted Cost of Sales	Answer
Required Ending Inventory	Answer
Budgeted Beginning Inventory	Answer
Required Purchases