Murray electronics sales in May were 2,000 units @ $52 and 2,100 @ $54 in June....
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Murray electronics sales in May were 2,000 units @ $52 and 2,100 @ $54 in June. Sales projections are as follows: July an increase of 2% from June Sales (the sale price will be the same as June) August 2,200 units @$54 September an increase of 2% from A gust Sales (the sale price will be the same as August) INVENTORY POLICY Murray inventory policy is to maintain an ending inventory of 40% of next month sales. October Sales are expected to be 2,250 units Actual inventory is 820 units. Each unit cost is $30. ACCOUNTS PAYABLE POLICY Murray pays 70% of merchandise purchaseș in cash and the remaining one month later. CALCULATE UNITS TO BE PURCHASED IN AUGUST PRESENT YOUR ANSWER ROUNDED TO ZERO DECIMAL PLACES DON'T USE COMMA SEPARATORS Murray electronics sales in May were 2,000 units @ $52 and 2,100 @ $54 in June. Sales projections are as follows: July an increase of 2% from June Sales (the sale price will be the same as June) August 2,200 units @$54 September an increase of 2% from A gust Sales (the sale price will be the same as August) INVENTORY POLICY Murray inventory policy is to maintain an ending inventory of 40% of next month sales. October Sales are expected to be 2,250 units Actual inventory is 820 units. Each unit cost is $30. ACCOUNTS PAYABLE POLICY Murray pays 70% of merchandise purchaseș in cash and the remaining one month later. CALCULATE UNITS TO BE PURCHASED IN AUGUST PRESENT YOUR ANSWER ROUNDED TO ZERO DECIMAL PLACES DON'T USE COMMA SEPARATORS
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Solution Sales In May 2000 52 104000 Sales In June 2100 54 ... View the full answer
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