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 57 times)

evelyn o bentley

  • Hero Member
  • *****
  • Posts: 564
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 is the desired ending inventory on May 31 at Peabody Enterprises?
◦ $1,120
◦ $1,440
◦ $8,400
◦ $1,680
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 evelyn o bentley on Jan 4, 2020

cadimas

  • Sr. Member
  • ****
  • Posts: 362
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


evelyn o bentley

  • Member
  • Posts: 564
Reply 2 on: Jan 4, 2020
Excellent

anyusername12131

  • Member
  • Posts: 327
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Nitroglycerin is used to alleviate various heart-related conditions, and it is also the chief component of dynamite (but mixed in a solid clay base to stabilize it).

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Did you know?

Women are two-thirds more likely than men to develop irritable bowel syndrome. This may be attributable to hormonal changes related to their menstrual cycles.

Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

A Patient Being Prepared for Electroconvulsive Therapy. A Patient Being Prepared for Electroconvulsive Therapy.
The energy budget The energy budget
Daniel's Enterprises has a beta of 1.98 and a growth rate of 12 percent. The stock is ... Daniel's Enterprises has a beta of 1.98 and a growth rate of 12 percent. The stock is ...
a solution is prepared in which a trace or small amount of Fe2+ is added to a much larger ... a solution is prepared in which a trace or small amount of Fe2+ is added to a much larger ...
Four common staining procedures used in chromosomal analysis. Most karyotypes are prepared using G-b Four common staining procedures used in chromosomal analysis. Most karyotypes are prepared using G-b
US federal budget deficit/surplus and debt US federal budget deficit/surplus and debt
Video: Contraction and Relaxation Animation

For a complete list of videos, visit our video library