Question
what's the company's desired beginning inventory for June 1. Month Budgeted Sales April $500,000 May $520,000 June $550,000 Cost of Goods Sold as a percentage
what's the company's desired beginning inventory for June 1.
Month Budgeted Sales
April $500,000
May $520,000
June $550,000
Cost of Goods Sold as a percentage of current- 55% month's sales
Desired Ending Inventory as a percentage of 15%
NEXT month's Cost of Goods Sold
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The Quality Audit Handbook
Authors: Asq Quality Audit Division, J. P. Russell
2nd Edition
087389460X, 978-0873894609
