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1. W&R gaming has COGS equal to 74% of revenues. The planned revenue for April and May is as follows: April revenue = $17,000 May

1. W&R gaming has COGS equal to 74% of revenues.

The planned revenue for April and May is as follows:

April revenue = $17,000

May revenue = $34,000

Each month's ending desired inventory is 19% of the next month's COGS.

What is W&R's planned COGS for April?


2.W&R gaming has COGS equal to 73% of revenues.

The planned revenue for April and May is as follows:

April revenue = $15,000

May revenue = $31,000

Each month's ending desired inventory is 11% of the next month's COGS.

What is W&R's planned beginning inventory value for April?



3. W&R gaming has COGS equal to 66% of revenues.

The planned revenue for April and May is as follows:

April revenue = $18,000

May revenue = $33,000

Each month's ending desired inventory is 11% of the next month's COGS.

What is W&R's planned ending inventory value for April?



4. W&R gaming has COGS equal to 68% of revenues.

The planned revenue for April and May is as follows:

April revenue = $15,000

May revenue = $34,000

Each month's ending desired inventory is 12% of the next month's COGS.

What is W&R's planned purchases for April?

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1The COGS for a month can be calculated as COGS Revenue x COGS ratio where COGS ratio is the percentage of COGS to revenue which is given as 74 or 074 The COGS for April can be calculated as COGS Apri... blur-text-image

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