Your company has sales of $107,400 this year and cost of goods sold of $60,600. You forecast sales to increase to $119,900 next year. Using the percent of sales method, forecast

next year's cost of goods sold.

The forecasted cost of goods sold (COGS) is $.

(Round to the nearest dollar )

naxt year's cost of goods sold The forecatted cost of goods sold (COGS) is 3 (Round to the nearest dollar.)