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I need help with part a and b please Executive officers of Rundle Company are wrestling with their budget for the next year, The following
I need help with part a and b please Executive officers of Rundle Company are wrestling with their budget for the next year, The following are two different sales catimates provided by two difference sources. Rundie's past experience indicates that cost of goods sold is about 60 percent of sales revenue. The company tries to mainain 15 percent of the next quarter's expected cost of goods sold as the curfent quarter's ending inventory. This year's ending invintory is $26,000. Next year's ending inventory is budgeted to be $27,000. Required a. Prepare an inventory purchases budget using the sales manager's estimate. b. Prepare an inventory purchases budget using the marketing consultant's estimate. Complete this question by entering your answers in the tabs below. Prepare an inventory purchases budget using the sales manager's estimate. (Round your final answers to nearest whole doliar amount.)
I need help with part a and b please
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