managerial accounting question

Teleco Corp. is preparing its budget for the first quarter of 2018. The following data is provided: Inventory, Purchases, and COGS Budget Jan Feb March Cost of goods sold (a) $30,000.00 $29,000.00 $30,000.00 Desired ending inventory (b) 10.800 11.000 ? Total inventory required 40.800 40.000 Less: Beginning inventory (15.000) (10 800) Budgeted Purchases 525.800 $29.200 (a) COGS = 75. of sales () $5,000.00 + 20% of COGS for next month om April's cost of goods sold is $26.000. The amount of Merchandise Inventory to be shown on the budgeted balance sheet at Varch 31 would be A. $30.000.00 a O B. $10.200.00 VinSCP C. $11.000.00 D. $10 800 00 Click to select your answer MOS