Skymont Company Wants an Ending Inventory Each Month Equal to 30

Multiple Choice

Skymont Company wants an ending inventory each month equal to 30% of that month's cost of goods sold.Cost of goods sold for February is projected at $45,000.Ending inventory at the end of January was $12,000.Based on this information,purchases for February would be:

A) $31,500.
B) $46,500.
C) $43,500.
D) $33,000.