Answered

Welcome to Westonci.ca, the Q&A platform where your questions are met with detailed answers from experienced experts. Discover comprehensive answers to your questions from knowledgeable professionals on our user-friendly platform. Connect with a community of professionals ready to provide precise solutions to your questions quickly and accurately.

If budgeted beginning inventory is $8,300, budgeted ending inventory is $9,400, and budgeted cost of goods sold is $10,260, budgeted purchases should be: Group of answer choices $9,160 $11,360 $1,960 $860 $1,100

Sagot :

Parrain

Answer: $11,360

Explanation:

Budgeted cost of goods sold = Budgeted beginning inventory + Budgeted purchases - Budgeted ending inventory

10,260 = 8,300 + Budgeted purchases - 9,400

Budgeted purchases = 10,260 - 8,300 + 9,400

= $11,360

Thanks for using our platform. We're always here to provide accurate and up-to-date answers to all your queries. Thank you for your visit. We're dedicated to helping you find the information you need, whenever you need it. We're here to help at Westonci.ca. Keep visiting for the best answers to your questions.