(Answered) Problem - lackland corporation prepared the following sales

Accounting

Problem - Lackland, Corporation prepared the following Sales Budget:

December	January	February	March	April
270,944	205,785	197,011	204,154	222,509

The company would like to keep 22% of the following month's expected sales on hand as inventory at the end of each month. Each unit costs $149 to purchase.

What is the dollar amount of purchases that Lackland Corporatoin plans to make in the first quarter?

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