Question: Please help me with this question. I'm not even sure if the ones I put there are even correct. can you please check everything and
Moore Wholesalers is preparing its merchandise purchases budget. Budgeted sales are $445,600 for April and $492,800 for May. Cost of goods sold is expected to be 65% of sales. The company's desired ending inventory is 24% of the following month's cost of goods sold. Compute the required purchases for April (Round intermediate calculations and final answer to decimal places, eg. 1.255.) Moore Wholesalers Purchases Budget For the Month of April Budgeted Cost of Goods Sold Add : Desired Ending Inventory 289640 76877 Beginning Inventory 69514 Less Budgeted Cost of Goods Sold Direct Materials Purchass
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