The purchasing manager for east coast hoggs is attempting, Ask an Expert

Accounting

The purchasing manager for East Coast Hoggs is attempting to determine how much inventory to purchase for the upcoming month. The following information has been collected:

Current inventory $ 32,000 Budgeted cost of goods sold 80,000 $80,000

The manager wishes to end the month with ending inventory of $25,000. How much inventory must the company purchase?

A. $85,0000

B. $82,000

C. $73,000

D. $67,000

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M948546

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