Business, 25.08.2020 09:01, ppoooiyip1589

At January 1, 2019, Vaughn Manufacturing has beginning inventory of 2000 surfboards. Vaughn estimates it will sell 7000 units during the first quarter of 2019 with a 12% increase in sales each quarter. Vaughn’s policy is to maintain an ending inventory equal to 25% of the next quarter’s sales. Each surfboard costs $100 and is sold for $150. How much is budgeted sales revenue for the third quarter of 2019? g

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At January 1, 2019, Vaughn Manufacturing has beginning inventory of 2000 surfboards. Vaughn estimate...