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Swenson Electronics sels tablets, its sales budget for the nine months ended Seplember 30 follows: (Cick be icon to view the buopet.) (Cilck the icon to view adstional intormation). Requirement nearest whole dolay, More info In the past, cost of goods sold has been 65% of total sales. The director of marketing and the financial vice president agree that each quarter's ending inventory should not be below $10,000 plus 20% of cost of goods sold for the following quarter. The marketing director expects sales of $250,000 during the fourth quarter. The January 1 inventory was $26,900. Data table