A Department Store Has Budgeted Sales of 12,000 Men's Suits

Multiple Choice

A department store has budgeted sales of 12,000 men's suits in September.Management wants to have 6,000 suits in inventory at the end of the month to prepare for the winter season.Beginning inventory for September is expected to be 4,000 suits.What is the dollar amount of purchase of suits? Each suit has a cost of $75.

A) $750,000
B) $900,000
C) $1,050,000
D) $1,200,000
E) $1,350,000