Question
The McShera buys mixing machines for $90 each and sells them for $220 each. The company projected the following sales in units March 5,500 April
The McShera buys mixing machines for $90 each and sells them for $220 each. The company projected the following sales in units
| March | 5,500 |
| April | 6,000 |
| May | 5,200 |
| June | 5,000 |
Inventory on March 1st was 800 units and the company wants to maintain ending inventory at 15% of the next month's projected sales volume. What total dollar amount of ending inventory would be budgeted for April?
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International Fraud Handbook
Authors: Joseph T. Wells
1st Edition
1118728505, 9781118728505
