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What desiring ending inventory for december is

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XY Company estimated its sales for the coming 4 months as follows:

October $10,000

November $11,000

December $15,000

January $9,000

Estimated cost of goods sold 55.00%

Other variable costs (commissions) 20.00%

Estimated fixed costs $2,500.00

The company maintains its inventory at twice it estimated sales requirements (sales requirements are cost of goods sold of the next month)

The beginning inventory $9,000

Problem 1: Desiring ending inventory for December is

a.$16,450

b.$16,600

c.$16,500

d.$14,500

e.$9,900

Reference no: EM132737371

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