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Business, 02.12.2019 19:10

S22-14 (similar to) victor company expects to sell 5 comma 000 units for $ 200 each for a total of $ 1 comma 000 comma 000 in january and 2 comma 500 units for $ 205 each for a total of $ 512 comma 500 in february. the company expects cost of goods sold to average 70​% of sales​ revenue, and the company expects to sell 4 comma 700 units in march for $ 260 each. victor​'s target ending inventory is $ 17 comma 000 plus 60​% of the next​ month's cost of goods sold. prepare victor​'s ​inventory, purchases, and cost of goods sold budget for january and february.

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