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What is the budgeted amount of supplies to be purchased

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Problem - Purchases and overhead, Hercules - Tom and Lynda own Hercules Health Club. They provide you with the following information regarding budgeted membership and beginning inventories of supplies.

Month

Individual Memberships (number)

Family Memberships (number)

Beginning Inventory of Supplies

August

700

300

$5,000

September

690

300

$5,000

October

680

295

$4,500

November

675

290

$4,500

Tom and Lynda also inform you that each individual member uses $10 worth of supplies per month and that each family membership uses $22 worth of supplies per month.

Required - What is the budgeted amount of supplies to be purchased in September and October?

Reference no: EM132791680

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