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Marty's Merchandise has budgeted sales as follows for the second quarter of the year: April................ 30,000 units May................ 60,000 units June................ 50,000 units The company
Marty's Merchandise has budgeted sales as follows for the second quarter of the year: April................ 30,000 units May................ 60,000 units June................ 50,000 units The company wants to maintain a monthly ending merchandise inventory equal to 20% of the budgeted sales for the following month. The inventory on March 31 was below this target and was only 2,000. The company is now preparing a Merchandise Purchases Budget for April, May, and June. The desired beginning inventory for June is: Answer A. 10,000 B. 6,000 C. 14,000 D. 12,000 Report Abuse
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