Q 2

Jennifer has just launched an online store where she will be selling high-end pet apparel. She wants to start this business off on the right foot and is creating a Cost of Goods Sold Budget for the month of September of this year. She has gathered as much information as possible and is ready to get to work. She made her first purchase last month in the amount of $150 but did not have any sales. She will be purchasing 580 units from a supplier with a price of $2.50 per unit. She believes she will end the month with Merchandise Inventory in the amount of $125. How much will Jennifer's Cost of Goods Sold Budget be for September? O $1325 O $1725 O $1475 O $150