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Walker Entertainment is a distributor of video games and expects its video game sales to be as follows for the first 4 months of 2014:
Walker Entertainment is a distributor of video games and expects its video game sales to be as follows for the first 4 months of 2014: January $100,000 February $150,000 March $180,000 April $200,000 Walkers cost of goods sold is 70% of sales. Ending inventory is expected to equal 40% of the next month's cost of goods sold. How much are budgeted inventory purchases for March? How much are budgeted inventory purchases for February?
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