Dougal Co.\'s projected sales in units for August and October are as follows Aug

Question

Dougal Co.'s projected sales in units for August and October are as follows August October 8164 12090 The company's budgeted purchases in dollars for the month of September is $290677. Dougal's cost and selling price per unit of inventory is $20 and S33, respectively. Assuming the number of units in each month's ending inventory is equal to 52% ofthe next months units of sales, what is Dougal's budgeted sales in units for September? Select one: a 6767 units b 12492 units X c. 14534 units d 17181 units ??Windows The correct answer is 17181 units

Explanation / Answer

Let sales be x.

Hence

x=0.52x+14533.85-6286.8

x(1-0.52)=8247.05

x=8247.05/0.48

=17181 units(Approx).

Beginning inventory(0.52*x) 0.52x Add:purchases(290677/20) 14533.85 Less:ending inventory(0.52*12090) (6286.8) Sales x

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