Outdoor Company expects to sell 4,000 units for $165 each for a total of $600,000 in January and 3.200 units for $205 each for a total of 650.000 in February. The company expects cost of goods sold to average 50% of sales revenue and company expects to sell 4,300 units in March for $260 each Outdoor's targetending inventory is $9.000 plus 60% of the next month's cost of goods sold. Prepare Outdoor's inventory, purchases, and cost of goods sold budget for January February Outdoor Company Inventory, Purchases, and Cost of Goods Sold Budget Two months Ended January 31 and February 28 January February Cost of goods sold Plus: Desired ending merchandise inventory Total merchandise inventory required Leas: Beginning merchandise inventory Budgeted purchases 3 of 10 (10 complete HW Score: 23.7%, 2.37 of 10 pts S22-14 (similar to) Question Help Outdoor Company expects to sell 4,000 units for $165 each for a total of 5660,000 in January and 3.200 units for 5205 each for a total of $658,000 in February. The company expects cost of goods sold to average 50% of sales revenue and company expect to sell 4.300 units in March for $200 each. Oudoor's targetending Inventory is $9.000 60% of the next month's cost of goods. Prepare Outdoor's inventory purchases, and cost of goods sold budget for dry and February