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The sales budget for Modesto Corp. shows that 21,700 units of Product A and 23,700 units of Product B are going to be sold for
The sales budget for Modesto Corp. shows that 21,700 units of Product A and 23,700 units of Product B are going to be sold for prices of $11.70 and $13.70, respectively. The desired ending inventory of Product A is 10% higher than its beginning inventory of 3,700 units. The beginning inventory of Product B is 4,200 units. The desired ending inventory of Product B is 4,700 units. Budgeted purchases of Product B for the year would be:
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