outdoor company expects to sell 4,500 units for $200 each for a total of $900,000 in january and 4,500 for $195 each for a total of $877,500 in February. The company expects cost of goods sold to average 70% of sales revenue, and the company expects to sell 4,500 units in march for $250 each. Outdoors target ending inventory is $15,000 plus 50% of the next months cost of goods sold. prepare outdoors inventory, purchases, and cost of goods sold budget for January and February.

Outdoor Company expects to sell 4.500 units for $200 each for a total of $900,000 in January an ending inventory is $15,000 plus 50% of the next month's cost of goods sold. Prepare Outdoor's 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 Less: Beginning merchandise inventory Budgeted purchases th 5900,000 in January and 4,500 units for S195 each for a total of $877,500 in February. The company expects cost of goods sold to average 70% of sales revenue, and the sold. Prepare Outdoor's inventory, purchases, and cost of goods sold budget for January and February February bruary. The company expects cost of goods sold to average 70% of sales revenue and the company croects to sell 4 500 uns March for $250 each Outdoor's target January and February