Olga Company has a sales budget for next month of $150,000. Cost of goods sold is expected to be 40% of sales. All goods are purchased in the month used and paid for in the month following purchase. The beginning inventory of merchandise is $5,000, and an ending inventory of $6,000 is desired. Beginning accounts payable is $38,000. The cost of goods sold for next month is expected to be Oa. $90,000. Ob. $89,000. Oc. $40,000. Od. $60,000.

Oigo Company has a sales budget for next menth of 1350,000 . Cost of goods sold is expected to be 4014 of wales. All 9000 s are purchased in the month used and paid for in the month following purchase. The beginning inventory of merchandite is 35,000 , and an ending inventery of 16.000 is desired. Beginning acelkints patyabin is 138,000 The coit of poods sald for next inonth is expected to be a. 320,000 b. 5000000 ) 340000 d. 560.000