Question: Summit Comp pects to sell,000 units for $160 ech for a total of 1 200 000 in January 5.000 units for $230 each for a

 Summit Comp pects to sell,000 units for $160 ech for a

Summit Comp pects to sell,000 units for $160 ech for a total of 1 200 000 in January 5.000 units for $230 each for a total of SL150.000 February. The company expects cont of goods sold to avage 60% of sales revenue and the company expects to set 4,400 urvis in March for $270 each. Summits retender investors $20.000 50% of the next more cost of goods sold Prepare Survetary, puces, and cost of goods sold budget forway and Foy Summits Company Inventory. Perchases, and cost of Goods Sold Budget Two months Ended January 1 and February 20 January Februry Cast of goods sold Bood Plus: Desered ending merchandise ventory Total merchandise inventory required Le Beginning merchandisinventney Busted purchases Time Home 2014 Net O

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