48. CSO: 1A4a LOS: 1A4i
Hannon Retailing Company prices its products by adding 30% to its cost. Hannon
anticipates sales of $715,000 in July, $728,000 in August, and $624,000 in September.
Hannon’s policy is to have on hand enough inventory at the end of the month to cover
25% of the next month’s sales. What will be the cost of the inventory that Hannon
should budget for purchase in August?
a. $509,600.
b. $540,000.
c. $560,000.
d. $680,000.
17
Bạn đang xem 48. - CMA EXAM SUPPORT PACKAGE 1
