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please help me Mountaineer Company expects to sell 6,500 units for $200 each for a total of $1,300,000 in January and 4,500 units for $195
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Mountaineer Company expects to sell 6,500 units for $200 each for a total of $1,300,000 in January and 4,500 units for $195 each for a total of 5877,500 in February. The company expects cost of goods sold to average 50% of sales reveaiee, and the company expects to sell 4,400 units in March for 5300 each. Mountaineer's target ending inventory is $12,000 phus 50% of the next month's cost of goods sold. Prepare Mountaineer's inventory. purchases, and cost of goods sold budget for January and February Step by Step Solution
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