Lovely Pet Store has budgeted cost of goods sold for May of $6,000 for flea collars.Management also wants to have $300 in inventory at the end of the month to prepare for the summer season.Beginning inventory in May was $200.
Required: What dollar amount of flea collars should be purchased to meet the above objectives?

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The Answer of Lovely Pet Store has budgeted cost of goods sold for May of $6,000 for flea collars.Management also wants to have $300 in inventory at the end of the month to prepare for the summer season.Beginning inventory in May was $200.
Required: What dollar amount of flea collars should be purchased to meet the above objectives?

Lovely Pet Store Has Budgeted Cost of Goods Sold for May