Solution-How do you calculate the budget cost of goods sold

How do you calculate the budget cost of goods sold

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Reference no: EM132316577

Inventory purchases budget:

	January	February	March	Quarter
Budgeted cost of goods sold	2,40,000	3,60,000	1,80,000	7,80,000
Add desired ending inventory	90,000	45,000	30,000	30,000
Total needs	3,30,000	4,05,000	2,10,000	8,10,000
Less beginning inventory	60,000	90,000	45,000	60,000
Required purchases	2,70,000	3,15,000	1,65,000	7,50,000

How do you calculate the budget cost of goods sold, desired ending inventory, less beginning inventory and required purchases.

Reference no: EM132316577

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How do you calculate the budget cost of goods sold

Reference no: EM132316577

Reference no: EM132316577

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