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Kwanzan Industries estimates it will sell 490 units of Product A and 420 units of Product B each day at an average price of $16

Kwanzan Industries estimates it will sell 490 units of Product A and 420 units of Product B each day at an average price of $16 for Product A and $30 for Product B. The estimated cost for Product A is 42% of the selling price and the estimated cost for Product B is 59 % of the selling price. Kwanzan Industries has no beginning inventory, but wants to have five days of ending inventory for each product. Calculate budgeted purchases for the next week (seven days).

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