Question: Viking Company has the following data: Month Budgeted Sales January $ 1 0 8 , 0 0 0 February 1 3 2 , 0 0

Viking Company has the following data:
Month Budgeted Sales
January $108,000
February 132,000
March 144,000
April 120,000
The average mark-up on products is 40%, and the inventory at the end of December was $19,000. Desired inventory levels are 30% of next month's sales at cost.___________ is the desired ending inventory for February.
a. $25,920
b. $43,200
c. $17,280
d. $86,400

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