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Purchases Budget Tiger Drug Store carries a variety of health and beauty aids, including 500-count bottles of vitamins. The sales budget for vitamins for the
Purchases Budget Tiger Drug Store carries a variety of health and beauty aids, including 500-count bottles of vitamins. The sales budget for vitamins for the first six months of the year is presented below. Unit Sales Dollar Sales January 190 $1,520 February 180 1,440 March 200 1,600 April 210 1,680 May 230 1,840 June 220 1,760 The owner of Tiger Drug believes that ending inventories should be sufficient to cover 10 percent of the next month's projected sales. On January 1, 22 bottles of vitamins were in inventory. Required: 2. If vitamins are priced at cost plus 60 percent, what is the dollar cost of purchases for each month of your purchases budget? January 1,018 X February 910 March 1,005 April 1,060 1 May 1,057 X
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