Question: The Willsey Merchandise Company has budgeted 40 000 in sales fo

The Willsey Merchandise Company has budgeted $40,000 in sales for the month of December. The company's cost of goods sold is 30% of sales. If the company has budgeted to purchase $18,000 in merchandise during December, then the budgeted change in inventory levels over the month of December is: 
A. $6,000 increase
B. $10,000 decrease
C. $22,000 decrease
D. $15,000 increase


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  • CreatedAugust 05, 2013
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