Compute the budgeted cost of goods sold for the next week

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Question 1: Hygeia Health expects to sell 470 units of product A and 450 units of Product B each day at an average price of $23 for Product A and $27 for Product B. The expected cost for Product A is 37%of its selling price and the expected cost for Product B is 63%of its selling price. Hygeia Health has no beginning inventory, but it wants to have a four-day supply of ending inventory for each product. Compute the budgeted cost of goods sold for the next (seven-day) week. (Round the answer to the nearest dollar.)

Option A) $79,141

Option B) $46,617

Option C) $81,579

Option D) $91,840

Reference no: EM132590434

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