Question
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 | 130 | $1,170 |
February | 120 | 1,080 |
March | 140 | 1,260 |
April | 150 | 1,350 |
May | 170 | 1,530 |
June | 160 | 1,440 |
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, 23 bottles of vitamins were in inventory.
Required:
1. Prepare a merchandise purchases budget in bottles of vitamins for as many months as you can.
January | February | March | April | May | |
---|---|---|---|---|---|
Unit sales | fill in the blank 65bc560aafb8fa5_1 | fill in the blank 65bc560aafb8fa5_2 | fill in the blank 65bc560aafb8fa5_3 | fill in the blank 65bc560aafb8fa5_4 | fill in the blank 65bc560aafb8fa5_5 |
Desired EI | fill in the blank 65bc560aafb8fa5_6 | fill in the blank 65bc560aafb8fa5_7 | fill in the blank 65bc560aafb8fa5_8 | fill in the blank 65bc560aafb8fa5_9 | fill in the blank 65bc560aafb8fa5_10 |
Total needed | fill in the blank 65bc560aafb8fa5_11 | fill in the blank 65bc560aafb8fa5_12 | fill in the blank 65bc560aafb8fa5_13 | fill in the blank 65bc560aafb8fa5_14 | fill in the blank 65bc560aafb8fa5_15 |
Less: BI | fill in the blank 65bc560aafb8fa5_16 | fill in the blank 65bc560aafb8fa5_17 | fill in the blank 65bc560aafb8fa5_18 | fill in the blank 65bc560aafb8fa5_19 | fill in the blank 65bc560aafb8fa5_20 |
Unit purchases | fill in the blank 65bc560aafb8fa5_21 | fill in the blank 65bc560aafb8fa5_22 | fill in the blank 65bc560aafb8fa5_23 | fill in the blank 65bc560aafb8fa5_24 | fill in the blank 65bc560aafb8fa5_25 |
2. If vitamins are priced at cost plus 80 percent, what is the dollar cost of purchases for each month of your purchases budget?
January | $fill in the blank f33168fb4fc6f9b_1 |
February | fill in the blank f33168fb4fc6f9b_2 |
March | fill in the blank f33168fb4fc6f9b_3 |
April | fill in the blank f33168fb4fc6f9b_4 |
May | fill in the blank f33168fb4fc6f9b_5 |
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