Question: Garfield Corp expects to sell 1 300 units of its pet

Garfield Corp. expects to sell 1,300 units of its pet beds in March and 900 units in April. Each unit sells for $110. Garfield’s ending inventory policy is 30 percent of the following month’s sales. Garfield pays its supplier $40 per unit. Prepare Garfield’s purchases budget for March.


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  • CreatedFebruary 27, 2015
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