How do you calculate the budget cost of goods sold

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Reference no: EM132316577

Inventory purchases budget:

 

January

February

March

Quarter

Budgeted cost of goods sold

2,40,000

3,60,000

1,80,000

7,80,000

Add desired ending inventory

90,000

45,000

30,000

30,000

Total needs

3,30,000

4,05,000

2,10,000

8,10,000

Less beginning inventory

60,000

90,000

45,000

60,000

Required purchases

2,70,000

3,15,000

1,65,000

7,50,000

How do you calculate the budget cost of goods sold, desired ending inventory, less beginning inventory and required purchases.

Reference no: EM132316577

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