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Skysong Corporation prepared the following sales budget: Month Budget Sales June $137,000 July 144,000 August 148,000 September 152,000 October 156,000 The cost of goods sold
Skysong Corporation prepared the following sales budget: Month Budget Sales June $137,000 July 144,000 August 148,000 September 152,000 October 156,000 The cost of goods sold percentage is 65 percent and the desired inventory level is 20 percent of next month's sales. Prepare a purchases budget for July through September. (Round answers to 0 decimal places, e.g. 5,275.) SKYSONG CORPORATION Purchase Budget July August September
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