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Compute the company budgeted sales for the next week

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Reference no: EM132590428

Question 1: Robust Resources expects to sell 400 units of Product A and 360 units of Product B each day at an average price of $21.00 for Product A and $30.00 for Product B. The expected cost for Product A is 35% of its selling price and the expected cost for Product B is 56% of its selling price. Robust Resources has no beginning inventory, but it wants to have a five-day supply of ending inventory for each product. Compute the company's budgeted sales for the next (seven-day) week. (Round the answer to the nearest dollar)

Option A) $134,000

Option B) $19,200

Option C) $8,988

Option D) $96,000

Reference no: EM132590428

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