Smith. In els tretms. Its sales budget for the nine months ended September 30, 2018, and additional information follow: Click the loon to view the budget) (Click the icon to view additional information) 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 entire nine month period. cess rics Smith, Inc. Inventory, Purchases, and cost of Goods Sold Budget Nine Months Ended September 30, 2018 Quarter Ended Quarter Ended Quarter Ended March 31 June 30 September 30 Cost of goods sold $ 58.000 78 000 $ 58.000 Pus: Desired ending merchandise nemory 21 300 20 800 23,800 Total merchandise intory required $ 79.800$ 5 91,800 Le Beginning merchandise inventory 19.000 21,300 20,000 5 Budouch 60,000 77,000 $ 71,000 Nine-Month Total $ 204.000 98.800 Stewart, loc.solistirem. 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) Prepare an inventory. Durchases, and cost of goods sold budget for each of the first three quarters of the year. Compute cost of goods sold for the entire nine-month period Data Table Inventory Quarter Ended Nino-Month March 31 June 30 September 30 Total $ 30.000 $ 45,000 $ 37.500 $ 112,600 70.000 105.000 87.500 262,500 $ 100,000 $ 150,000 $ 125,000 $ 375,000 Cash sales, 30% Credit sales, 705 Total sales PUS Lans Print Done Choose from any sorterar number in the elds and then Stewart, Inc, sells are 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.) 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 entire nine-month period. Inventory, Pul Nine More Info 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 $15,000 plus 10% of cost of goods sold for the following quarter. The marketing director expects sales of $200,000 during the fourth quarter. The January 1 inventory was $17,000 Plus Los Print Done Chormatan