The sales budget for Modesto Corp. shows that 20,000 units of Product A and 22,000 units of Product B are going to be sold for prices of $10 and $12, respectively. The desired ending inventory of Product A is 20% higher than its beginning inventory of 2,000 units. The beginning inventory of Product B is 2,500 units. The desired ending inventory of B is 3,000 units. Budgeted purchases of Product A for the year would be:

Budgeted purchases of A 20,400  

Explanation:                                                    

                                                   A                              B

Sales                                 20,000                           22,000

Closing Inventory                                                      3,000

2000*1.2                             2,400

Less: Opening Inventory  (2,000)                           (2,500)

Purchases                          20,400                         22,500

Formula for this is

Purchases + opening stocks=Sales + closing stocks

Purchases= Sales+ closing stocks-opening stocks

answer; (c) penalty

(i know i'm late but the answer's "things about yourself" because you want to list things you're capable of, why you want to open up the business, the amount of money you're putting into it,etc.) i'm guessing you take online school small business, the answers to the quizzes are all over quizlet. just look up your question and type quizlet after it and it'll pop up.