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ʎddɐɥ ʎddɐɥ
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8 years ago
The following sales forecast in units was provided for Chocolates, Inc. a manufacturer of fine candies that are sold both wholesale and retail:
   First   Second   Third   Fourth
Sales   Quarter   Quarter   Quarter   Quarter   Total
Wholesale   50,000   75,000   45,000   65,000   235,000
Retail   75,000   100,000   50,000   90,000   315,000
If the selling price of the wholesale candies is $15 per unit and the retail candies is $25 per unit and the cost to manufacture is 45% of the selling price for wholesale and 55% for retail, what is Chocolates, Inc. budgeted cost of goods sold for the third quarter?
A) $1,852,500
B) $1,947,500
C) $   991,250
D) $2,808,750
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hol23hol23
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8 years ago
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