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Rip Industries expects to sell 420 units of Product A and 440 units of Product B each day at an average price of $18 for
Rip Industries expects to sell 420 units of Product A and 440 units of Product B each day at an average price of $18 for Product A and $33 for Product B. The expected cost for Product A is 40% of its selling price and the expected cost for Product B is 61% of its selling price. Rip Industries has no beginning inventory, but it wants to have a five-day supply of ending inventory for each product. Compute the budgetedi purchases for the next (seven-day) week. (Round the answer to the nearest dollar.)
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