Question Jezaret, Inc. sells tire rims. Its sales budget for the nine months ended September 30, 2018, and additional information follow (Click the icon to view the budget) (Click the icon to view additional information.) prters of the year. Compute cost of goods sold for the entire nine month period Data Table More info Quarter Ended Nine Month March 31 June 30 September 30 Total $ 40 000 5 60,000 $ 50.000 $ 150.000 60.000 90.000 75 000 225.000 100.000 5 150.000 125 000 $ 375.000 in the past cost of goods sold has been 40% of total sales. The director of marketing and the financial vice president agree that each quarter's ending inventory should not be below 530,000 plus 10% of cost of goods sold for the followng quarter. The marketing director expects sales of $200,000 during the fourth quarter. The January 1 inventory was $15.000 Cash sales 40% Credit sales 60% Total sales Print Done Print Done question Reflect in Portfolio Activity Details Prepare an inventory. purchases, and cost of goods sold budget for each of the first three quarters of the year. Compute cost of goods sold for the enti Inventory, Purchases, and Cost of Goods Sold Budget Nine Months Ended September 30, 2018 Quarter Ended Quarter Ended Quarter Ended Nine Month March 31 September 30 Total June 30 Plus Less Choose from any list or enter any number in the input fields and then continue to the next question Reflect in ePortfolio Activity Details w Prepare an inventory, purchases, and cost of goods sold budget for Inventory, Purchases, and Cost Nine Months Ended Septe Quarter Ended March 31 Beginning inventory Cost of goods sold Desired beginning inventory Purchases Total inventory required Chouse on any 115 VE CERCELY HUIC e input fields and then Reflect in Portfolio