Mallcentral sells 1000000 hardcover books a day at an

Reference no: EM13594676

Mallcentral sells 1,000,000 hardcover books a day at an average price of $30. Assume that Mallcentral's purchase price for the books is 75% of the selling price it charges retail customers. Mallcentral has no beginning inventory, but it wants to have a three-day supply of ending inventory. Assume that operating expenses are $1,000,000 per day.

Compute Mallcentral's budgeted sales for the next week.
Determine Mallcentral's budgeted purchases for the next week
What is Mallcentral's budgeted contribution margin for a week?

Reference no: EM13594676

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