This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Peabody Enterprises prepared the following sales budget:MonthBudgeted ... (Read 67 times)

audragclark

  • Hero Member
  • *****
  • Posts: 579
on: Jan 4, 2020
Peabody Enterprises prepared the following sales budget:

MonthBudgeted Sales
March$6,000
April$13,000
May$12,000
June$14,000

The expected gross profit rate is 40% and the inventory at the end of February was $10,000. Desired inventory levels at the end of the month are 20% of the next month's cost of goods sold.


What are the total purchases budgeted for April at Peabody Enterprises?
◦ $7,920
◦ $7,680
◦ $9,360
◦ $7,440
Managerial Accounting, Canadian Edition ¦ Braun, Tietz, Pyper ¦ 2nd Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by audragclark on Jan 4, 2020

onowka

  • Sr. Member
  • ****
  • Posts: 353
Reply #1 on: Jan 4, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 58% of students answer this correctly


audragclark

  • Member
  • Posts: 579
Reply 2 on: Jan 4, 2020
Great answer, keep it coming :)

olderstudent

  • Member
  • Posts: 339
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

The cure for trichomoniasis is easy as long as the patient does not drink alcoholic beverages for 24 hours. Just a single dose of medication is needed to rid the body of the disease. However, without proper precautions, an individual may contract the disease repeatedly. In fact, most people develop trichomoniasis again within three months of their last treatment.

Did you know?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

Did you know?

People about to have surgery must tell their health care providers about all supplements they take.

Did you know?

For high blood pressure (hypertension), a new class of drug, called a vasopeptidase blocker (inhibitor), has been developed. It decreases blood pressure by simultaneously dilating the peripheral arteries and increasing the body's loss of salt.

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

A Subject Prepared for a Night’s Sleep in a Sleep Laboratory A Subject Prepared for a Night’s Sleep in a Sleep Laboratory
Shortly after his death, George Washington had already become myth—part Moses, part angel—in this wo Shortly after his death, George Washington had already become myth—part Moses, part angel—in this wo
In a project on job discrimination, Pager prepared identical résumés for the teams, but with one ... In a project on job discrimination, Pager prepared identical résumés for the teams, but with one ...
Earth’s Heat Budget Earth’s Heat Budget
Jet streams and Earth’s heat budget Jet streams and Earth’s heat budget
US federal budget deficit/surplus and debt US federal budget deficit/surplus and debt
Video: Import of Dietary Glucose from Intestines to Bloodstream

For a complete list of videos, visit our video library