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View Full Version : I need help with the format of a purchases budget.


xxmeli1313xx
Dec 10, 2011, 11:49 AM
I've already come up with the sales, COGS, and the desired inventory dollar amounts. I just need to know what the actual format looks like because I don't want to lose points for not using the right format.

hartlema
Jun 7, 2012, 05:18 PM
Pascall Corp. expects to sell 1,300 units of its camera bags in March and 900 units in April. Each unit sells for $110. Pascall’s ending inventory policy is 40 percent of the following month’s sales. Pascall pays its supplier $50 per unit.

paraclete
Jun 7, 2012, 06:05 PM
A simple P&L statement including opening and closing inventory in the cost of sales calculation with the data for each month arranged in columns to allow comparison should surfice