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The manager of ABC ompany give you the following data to prepare the required purchases for the coming three months Estimated sales for January $60,000.00
| The manager of ABC ompany give you the following data to prepare the required purchases for the coming three months | ||
| Estimated sales for January | $60,000.00 | |
| Sales increase by | 5% | for the coming three months |
| Cost of goods sold (CGS) | 60% | of sales |
| Beginning inventory | $10,000.00 | |
| Ending inventory equal to | 20% | of next month CGS |
Estimated purchases for February should be between
| 1. | $33,000.00 and $38,000.00 | |
| 2. | $38,000.00 and $40,000.00 | |
| 3. | $40,000.00 and $40,200.00 | |
| 4. | $40,000.00 and $40,200.00 |
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Residential Energy Audit Manual
Authors: Fairmont
1st Edition
0915586541, 978-0915586547
