Question: Chapter 08 Homework Saved Help Save & Exit Submit 15 0.75 points Shamrock Shades operates in mall kiosks throughout the southwestern United States. Shamrock

Chapter 08 Homework Saved Help Save & Exit Submit 15 0.75 points

Chapter 08 Homework Saved Help Save & Exit Submit 15 0.75 points Shamrock Shades operates in mall kiosks throughout the southwestern United States. Shamrock purchases sunglasses from bulk discounters and sells the sunglasses in the mall kiosks. Shamrock is in the process of budgeting for the coming year and has projected sales of $350,000 for January, $430,000 for February, $590,000 for March, and $630,000 for April. Shamrock's desired ending inventory is 60 percent of the following month's cost of goods sold. Cost of goods sold is expected to be 50 percent of sales. Required: Compute the required purchases for each month of the first quarter (January-March). ellook Required Purchases Hint Ask References January February March

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