What dollar amount of suits should be purchased?
A department store has budgeted sale of $24,000
for its men's suits surrounded by September. Management also
wishes to hold $12,000 of suits surrounded by inventory at the
terminate of the month to prepare for the winter season.
Beginning inventory for September is expected to
be $8,000. What dollar amount of suits should be
purchased?
A. $20,000.B. $24,000.
C. $28,000.D. $32,000.
E.$36,000.
Answers:
If setting up inventory is $8000 and the store requests culmination inventory to be $12,000 consequently $4000 worth of inventory desires to be purchased to increase the inventory. In complement $24,000 requirements to be purchased for September sale, so the total required inventory purchase is C - $28,000
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for its men's suits surrounded by September. Management also
wishes to hold $12,000 of suits surrounded by inventory at the
terminate of the month to prepare for the winter season.
Beginning inventory for September is expected to
be $8,000. What dollar amount of suits should be
purchased?
A. $20,000.B. $24,000.
C. $28,000.D. $32,000.
E.$36,000.
Answers:
If setting up inventory is $8000 and the store requests culmination inventory to be $12,000 consequently $4000 worth of inventory desires to be purchased to increase the inventory. In complement $24,000 requirements to be purchased for September sale, so the total required inventory purchase is C - $28,000