Total purchases that must be made in order to meet sales and inventory requirements for the quarter amount to
A) $195,000.
B) $253,000.
C) $141,000.
D) $307,000.

Name: Total purchases that must be made in order to meet sales and inventory requirements for the quarter amount to A) $195,000. B) $253,000. C) $141,000. D) $307,000.
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Question

Quizplus · Accepted Answer

Total purchases = Sales + Desired ending inventory - Beginning inventory= $200,000 + $95,000 - $42,000= $195,000

Total Purchases That Must Be Made in Order to Meet