managerial accounting

label Business & Finance
account_circle Unassigned
schedule 1 Day
account_balance_wallet $5

Apr 21st, 2015

Inventory purchases in January equals:

-$12,000 - Inventory on hand at January 1st

   20,000 - Needed in January ($40k in sales times 40% COGS)

   14,000 - Needed in January for February sales ($60k x 40% COGS x 60% of this in January)

     1,000 - Safety Cushion

= 23,400 Purchased in January


Apr 21st, 2015

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Apr 21st, 2015
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Apr 21st, 2015
Jun 27th, 2017
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