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Determine the desired ending inventory for march

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Question - Partial Sales Budget information for Brianna's Boogie Boards follows:

January

February

March

Total

Budget cost of goods   sold

$30,000

$32,000

$36,000

C

Plus: desired end   inventory

3,200

D

E

F

Inventory needed

33,200

G

H

I

Less: begin inventory

3,000

J

K

L

Required purchases

30,200

M

N

O

Brianna prepared the following inventory purchases budget. Brianna maintains an ending inventory balance equal to 10 % of the following month's cost of goods sold. April's budgeted cost of goods sold is $39,000. Unfortunately, banana board wax spilled on the bottom of the budget and some numbers are unreadable.

Required - Determine the Desired ending inventory for March?

a. $3,200

b. $3,600

c. $3,800

d. $3,900

Reference no: EM133173656

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