Hiking General Store prepared the following sales budget: The expected gross profit rate is 30% and the inventory at the end of February was $14,000. Desired inventory levels at the end of the month are 10% of the next month's cost of goods sold. What are the total purchases budgeted for April? A. $10,780 B. $9,660 C. $9,800 D. $9,940 Flying Things Company has two products: Kites and Gliders. A March sales forecast projects 16,000 units of Kites and 20,000 units of Gliders are going to be sold at prices of $15 and $13, respectively. The desired ending inventory of Kites is 11% higher than the beginning inventory, which was 1,500 units. How much are total March sales for Kites anticipated to be? A. $145,455 B. $260,000 C. $232,000 D. $208,000