The sales budget for the Johnson Company indicates the following units to be sold: The company requires that ending inventory be equivalent to 20% of the following month's sales. If each unit is budgeted to have a cost of $4.50, the budgeted balance in the company's ending inventory account at March 31^st will be: A) $4,000 B) $14,400 C) $12,000 D) $18,000

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The Answer of The sales budget for the Johnson Company indicates the following units to be sold: The company requires that ending inventory be equivalent to 20% of the following month's sales. If each unit is budgeted to have a cost of $4.50, the budgeted balance in the company's ending inventory account at March 31^st will be: A) $4,000 B) $14,400 C) $12,000 D) $18,000

The Sales Budget for the Johnson Company Indicates the Following