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Crouse Corporation Has the Following Information

Question 27

Multiple Choice

Crouse Corporation has the following information:
Crouse Corporation has the following information: The cost of goods sold percentage is 65 percent, and the desired inventory level is 25 percent of next month's sales. -The total purchases budgeted for July should be A) $169,000. B) $208,000. C) $165,750. D) none of the above. The cost of goods sold percentage is 65 percent, and the desired inventory level is 25 percent of next month's sales.
-The total purchases budgeted for July should be


A) $169,000.
B) $208,000.
C) $165,750.
D) none of the above.

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