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PACT promotes its brand as Earth's Favorite IM Clothing. The company produces clothing with organic cotton in a Fair-Trade Factory. The flannel shirt product line

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PACT promotes its brand as Earth's Favorite IM Clothing. The company produces clothing with organic cotton in a Fair-Trade Factory. The flannel shirt product line managers estimate sales for the next six months as follows: Oct Nov Dec Jan Feb Mar Sales 25,000 36,000 42,000 24,000 32,000 18,000 PACT establishes ending inventory requirements: Production budget = 15.0%; Purchases budget = 20.0%. Organic cotton costs $0.12 per ounce and each flannel shirt uses 30 ounces. Compute required purchases for December (rounded). $131,328 (rounded) $133,920 (rounded) O $134,568 (rounded) $138,240 (rounded) O None of the other answers are correct

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