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A hotel has a foyer shop that sells tourist clothing and souvenirs. The shop manager...

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Accounting

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A hotel has a foyer shop that sells tourist clothing and souvenirs. The shop manager likes to keep 80% of the following month's projected T-shirt sales in stock. Projected T-shirt sales in the next two months are: Projected number of T-shirts to be sold July 480 August 560 The shop has projected it will be holding 384T-shirts in stock on 1st July. If the T-shirts cost $2.50 each, what is the cost of T-shirt purchases to be made in July? B

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