Skymont Company Wants an Ending Inventory Each Month Equal to 25

question 51

Multiple Choice

Skymont Company wants an ending inventory each month equal to 25% of that month's cost of goods sold. Cost of goods sold for February is projected at $90,000. Ending inventory at the end of January was $18,000. Based on this information, purchases for February would be:

• A) $67,500.
• B) $94,500.
• C) $72,000.
• D) $85,500.

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Organizational Behavior

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Organizational Behavior

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