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Suppose Bookwom sells 1 , 2 0 0 hardcover books per day at an average price of $ 6 0 . Assume that Bookworm's cost

Suppose Bookwom sells 1,200 hardcover books per day at an average price of $60. Assume that Bookworm's cost for the books is 85% of the selling price it charges retail customers. Bookworm has no beginning inventory, but it wants to have a three-day supply of ending inventory. Assume that selling and administrative expenses are $2,400 per day.
Determine Bookworm's budgeted purchases for the next (seven-day) week.
A. $720,000
B. $428,400
C. $612,000
D. $244,800
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