Based on the following, what is this company's desired BEGINNING inventory for June 1. You must show work for credit. Month Budgeted Sales April $300,000 May $350,000 June $370,000 Cost of Goods Sold as a percentage of current 55% month's sales Desired Ending Inventory as a percentage of 15% NEXT month's Cost of Goods Sold

Lusk corporation produces and sells 14,300 units of product x each month. the selling price of product x is $25 per unit, and variable expenses are $19 per unit. a study has been made concerning whether product x should be discontinued. the study shows that $72,000 of the $102,000 in monthly fixed expenses charged to product x would not be avoidable even if the product was discontinued. if product x is discontinued, the annual financial advantage (disadvantage) for the company of eliminating this product should be: