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Business, 31.12.2019 01:31 makaylaf16571

Yoshino, inc., a merchandising company, has the following budgeted figures:
jan feb mar april
sales $51,900 $69,000 $80,000 $91,000
cost of goods sold 50% of sales
required ending inventory $15,000 + 20% of next month's sales
inventory on hand on jan 1 $27,000
1. calculate the ending merchandise inventory for the month of march.
a) $40,000
b) $33,200
c) $27,750
d) $55,000

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Yoshino, inc., a merchandising company, has the following budgeted figures:
jan feb mar apri...
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