Crouse Corporation has the following information:
The cost of goods sold percentage is 65 percent, and the desired inventory level is 25 percent of next month's sales.
-The total purchases budgeted for June should be

Question

Crouse Corporation has the following information:
  The cost of goods sold percentage is 65 percent, and the desired inventory level is 25 percent of next month's sales.
-The total purchases budgeted for June should be

Quizplus · Accepted Answer

The Answer of Crouse Corporation has the following information:
  The cost of goods sold percentage is 65 percent, and the desired inventory level is 25 percent of next month's sales.
-The total purchases budgeted for June should be

Crouse Corporation Has the Following Information