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The Mojim Corporations sales budget for the next two months is as follows: March 22395 units April 29425 units May 40800 units The companys policy
The Mojim Corporations sales budget for the next two months is as follows:
March | 22395 units |
April | 29425 units |
May | 40800 units |
The companys policy is to hold month end inventories equal to 5.3 % of the following months sales. The selling price of a unit of $34.00 and the cost is $24.31. What is the budgeted dollar purchases for the month of April?
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