Question: Using the following information, compute the dollar amount of total purchases to be made in the coming period. Beginning inventory (in units) . . .

Using the following information, compute the dollar amount of total purchases to be made in the coming period.

Beginning inventory (in units) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .100

Expected sales (in units) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,500

Desired ending inventory (in units) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 150

Cost per unit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $750


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