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Fosnight Enterprises prepared the following sales budget Month March April May June Budgeted Sales $6,000 $15,000 $13,000 $15,000 The expected gross profit rate is 20%

Fosnight Enterprises prepared the following sales budget Month March April May June Budgeted Sales $6,000 $15,000 $13,000 $15,000 The expected gross profit rate is 20% and the inventory at the end of February was s 12.000 Desired inventory levels at the end of the month are 10% he next month's cost of oo s sold What are the total purchases budgeted for April? OA. $11,840 OB. $13,200 Oc. $1,200 O D. $12,160

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