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Sport Supplies Corporation has budgeted purchases of inventory for December of $312,000. Expected beginning inventory on December 1 and ending inventory on December 31 are

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Sport Supplies Corporation has budgeted purchases of inventory for December of $312,000. Expected beginning inventory on December 1 and ending inventory on December 31 are $40,000 and $180,000, respectively. If cost of goods sold averages 86% of sales, what are budgeted sales for December? O A. $525,581 O B. $200,000 OC. $147,920 OD. $618,605

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