Fun4u Corporation, a wholesaler, has a sales budget for next month of $300,000. Cost of units sold is expected to be 40% of sales. All units are paid for in the month following purchase. The beginning inventory of units is $10,000, and an ending amount of $12,000 is desired. Beginning accounts payable is $76,000. The ending balance in accounts payable for next month will be:

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The Answer of Fun4u Corporation, a wholesaler, has a sales budget for next month of $300,000. Cost of units sold is expected to be 40% of sales. All units are paid for in the month following purchase. The beginning inventory of units is $10,000, and an ending amount of $12,000 is desired. Beginning accounts payable is $76,000. The ending balance in accounts payable for next month will be:

Fun4u Corporation, a Wholesaler, Has a Sales Budget for Next