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7 years ago
Health Resources expects to sell 490 units of Product A and 420 units of Product B each day at an average price of $16 for Product A and $27 for Product B.  The expected cost for Product A is 41% of its selling price and the expected cost for Product B is 63% of its selling price. Health Resources has no beginning inventory, but it wants to have a four-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.)
A) $134,260
B) $76,720
C) $19,180
D) $10,359
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
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#2
7 years ago
Makes perfect sense, thx
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