Business
Business, 19.12.2019 01:31, amc9639

Chu company provided the following information related to its inventory sales and purchases for december year 1 and the first quarter of year 2: dec. year 1 jan. year 2 feb. year 2 mar. year 2 (actual) (budgeted) (budgeted) (budgeted) cost of goods sold $ 39,000 $ 69,000 $ 89,000 $ 59,000 desired ending inventory levels are 25% of the following month's projected cost of goods sold. budgeted purchases of inventory in february year 2 would be: multiple choice
a. $81,500.
b. $66,500.
c. $89,000.
d. $111,000.

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