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Suppose StoreRUs sells 2,000 hardcover books per day at an average price of $45. Assume that StoreRUs's cost for the books is 65% of the
Suppose StoreRUs sells 2,000 hardcover books per day at an average price of $45. Assume that StoreRUs's cost for the books is 65% of the selling price it charges retail customers. StoreRUS has no beginning inventory, but it wants to have a three-day supply of ending inventory. Assume that selling and administrative expenses are $4,000 per day. Compute StoreRUs's budgeted sales for the next (seven-day) week. A. $1,216,000 B. $409,500 C. $658,000 OD. $630,000
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