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Author Question: Lacy's Department Store has budgeted cost of goods sold of $42,000 for its men's suits in March. ... (Read 21 times)

2125004343

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Lacy's Department Store has budgeted cost of goods sold of $42,000 for its men's suits in March.  Management also wants to have $7,500 of men's suits in inventory at the end of March to prepare for the summer season.  Beginning inventory of men's suits for March is expected to be $5,500.  What dollar amount of men's suits should be purchased in March?
◦ $29,000
◦ $44,000
◦ $40,000
◦ $55,000


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Marked as best answer by 2125004343 on Jan 4, 2020

nyrave

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2125004343

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Reply 2 on: Jan 4, 2020
YES! Correct, THANKS for helping me on my review


raili21

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Reply 3 on: Yesterday
:D TYSM

 

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