Outdoorsiessels ils rock climbing shoes worldwide Outdoorsies expects to sell 4,500 pairs of shoes for $155 each in January, and 2,500 pairs of shoes for $225 each in February. Outdoorsies expects cost of goods sold to average 50% of sales revenue, and the company expects to sell 4400 pairs of shoes in March for $210 each. Ouldoorsies' target ending inventory is $17,000 plus 40% of next mont's cost of goods sold. Use this information and the sales budget to prepare Outdoorsies' inventory, purchases, and cost of goods sold budget for January and February (Click the icon to view the sales budget.) Outdoorsies Inventory, Purchases, and cost of Goods Sold Budget Two months Ended January 31 and February 28 January February Cost of goods sold Plus Desired ending merchandise Inventory Total merchandise inventory required Less Beginning merchandise inventory Budgeted Purchases Data Table Outdoorsies Sales Budget Two Months Ended January 31 and February 28 January February Budgeted pairs of shoes to be sold 4,500 155$ 2,500 225 $ Sales price per pair $ 697,500 $ 562,500 Total sales Print Done