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May June July August September October 450 1,250 5,500 5,000 2,200 400 Note: Sales activity occurs evenly throughout each month - assume 30 day months.
May
June
July
August
September
October
450
1,250
5,500
5,000
2,200
400
Note: Sales activity occurs evenly throughout each month - assume 30 day months.
The company will run advertisements in a local newspaper at a cost of $180 per month (payable monthly in advance). The company estimates that these ads would increase demand by about 10%.
- Cost of goods sold will be $0.70 per souvenir, payable on account one month after delivery. The supplier requires an advance seasonal estimate, but actual orders can be placed at the beginning of each month for guaranteed same-day delivery; souvenirs are purchased in boxes of 144 units per box.
What is a materials purchases budget for souvenirs.?
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