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Jan Yoshino, Inc., a merchandising company, has the following budgeted figures: Feb Mar April Sales $54,100 $62,000 $86,000 $98,000 Cost of goods sold 50% of
Jan Yoshino, Inc., a merchandising company, has the following budgeted figures: Feb Mar April Sales $54,100 $62,000 $86,000 $98,000 Cost of goods sold 50% of sales $15,000 + 20% of next month's Required ending inventory sales Inventory on hand on Jan 1 $30,000 Calculate the ending merchandise inventory for the month of March. O A. $58,000 OB. $24,450 OC. $34,600 OD. $43,000
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