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Friendship Bracelet Company purchases their inventory from local suppliers. If Friendship estimates sales of $750,000 in October, $830,000 in November and $970,000 in December. They

Friendship Bracelet Company purchases their inventory from local suppliers. If Friendship estimates sales of $750,000 in October, $830,000 in November and $970,000 in December. They expect sales of $690,000 for January. Friendship will set their selling prices in order to generate a 45% gross profit. If the company desires an ending inventory equal to 10% of the next month's cost of goods sold, what will be the required total inventory for the month of November?

A. $458,150

B. $509,850

C. 464,200

D. 456,500

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