Business, 28.11.2019 21:31 bentleyevans15

Marigold company estimates that 2017 sales will be $42,500 in quarter 1, $53,700 in quarter 2, and $65,700 in quarter 3. cost of goods sold is 50% of sales. management desires to have ending finished goods inventory equal to 22% of the next quarter’s expected cost of goods sold. prepare a merchandise purchases budget by quarter for the first 6 months of 2017.

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Marigold company estimates that 2017 sales will be $42,500 in quarter 1, $53,700 in quarter 2, and $...

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