This Question: 1 pt 50 of 60 (53 complete) This Test: 120 pts possibl Suppose Bo

Question

This Question: 1 pt 50 of 60 (53 complete) This Test: 120 pts possibl Suppose Bookworm sells 1.200 hardcover books per day at an average price o $25. Assume that Bookworm scost for the books is 70% of the s wants to have a three-day supply of ending inventory. Assume that selling and administrative expenses are $1,200 per day Compute Bookworm's budgeted sales for the next (seven-day) week. ng p harges retal us on es Book on has no beginn g i e t y b e OA. $218.400 B. $210,000 C. $147,000 O D. $420,000

Explanation / Answer

Budgeted sales for the next week =1200*25*7= $210000 Option B is correct

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