The Schulenburg Corporation buys commerical drones for $1,80…

Questions

The Schulenburg Cоrpоrаtiоn buys commericаl drones for $1,800 eаch and sells them for $2,500 each; the company has the following sales forecast: 100 units for October, 120 units in November, 200 units in December and 400 units in January. Ending inventory for each month should be 20% of the next month’s sales. The company had 30 units on hand at September 30th. What is the total dollar amount of purchases budgeted for November?

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