Jaeger Company Has the Following Data: the Cost of Goods

question 81

Multiple Choice

Jaeger Company has the following data: The cost of goods sold percentage is 65% of sales and the desired ending inventory is 25% of next month's sales at cost.What are the total purchases budgeted for July?

• A)$33,150
• B)$33,800
• C)$41,600
• D)$42,250