Question: Raj Computers sell computers. Its policy is to hold 5% of budgeted sales as its closing inventory. The budgeted closing inventory for 2021 are Quarter

Raj Computers sell computers. Its policy is to hold 5% of budgeted 
sales as its closing inventory. The budgeted closing inventory for
2021 are

Quarter 1 10,000 computers
Quarter 2 12,000 computers
Quarter 3 11,000 computers
Quarter 4 15,000 computers

What is the budgeted sales of Quarter 2?

A. 250,000 computers
B. 240,000 computers
C. 220,000 computers
D. 245,000 computers

a
250,000 computers
b
240,000 computers
c
220,000 computers
d
245,000 computersl

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!