Flowers Inc.has budgeted cost of goods sold for August of $1,000 for plastic flowers.Management also wants to have $500 in inventory at the end of the month to prepare for the fall season.Beginning inventory in August was $400.What dollar amount of plastic flowers should be purchased to meet the above objectives?

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The Answer of Flowers Inc.has budgeted cost of goods sold for August of $1,000 for plastic flowers.Management also wants to have $500 in inventory at the end of the month to prepare for the fall season.Beginning inventory in August was $400.What dollar amount of plastic flowers should be purchased to meet the above objectives?