Lan Corporation Had Beginning Inventory of $42,000 and Expects Cost

question 1

Multiple Choice

Lan Corporation had beginning inventory of $42,000 and expects cost of sales of $96,000 units during the month. Desired ending inventory is $31,000. How much inventory should Lan Corporation purchase?

• A) $65,000
• B) $73,000
• C) $85,000
• D) $107,000

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