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On April 1, 2022, Cassidy Corp. has a beginning inventory of 1,500 flower bouquets. Cassidy estimates they will sell 11,500 flower bouquets during April
On April 1, 2022, Cassidy Corp. has a beginning inventory of 1,500 flower bouquets. Cassidy estimates they will sell 11,500 flower bouquets during April with a 14% increase in sales each month through June. Cassidy's policy is to maintain an ending inventory equal to 20% of the next quarter's sales. Each flower bouquet has a cost of $90 and is sold for $125. How much is budgeted sales revenue for June 2022? Round intermediate calculations up to the nearest whole unit. O $1,345,050 O $2,187,500 O $1,950,000 O $1,868,250 Not enough information provided.
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