Solved

Kwanzan Industries Expects to Sell 470 Units of Product a and 410

Question 33

Multiple Choice

Kwanzan Industries expects to sell 470 units of Product A and 410 units of Product B each day at an average price of $25 for Product A and $28 for Product B.The expected cost for Product A is 45% of its selling price and the expected cost for Product B is 65% of its selling price.Kwanzan Industries has no beginning inventory,but it wants to have a four-day supply of ending inventory for each product.Compute the budgeted purchases for the next (seven-day) week.(Round the answer to the nearest dollar.)


A) $89,247
B) $92,920
C) $162,610
D) $140,245

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions