Perry Company has provided the following information: March $200,000, April 212,000, May 204,000, June 218,000, July 210,000. Also, the gross profit rate is 40% and the desired inventory level is 30%. % of next month's sales. Prepare a shopping budget for April through June.

Answer rating: 100% (QA)

Given Gross profit 40 Purchase Bu... View the full answer