Brian Lee, Coronado & Lee Fabricators' purchasing manager, has just completed the companys inventory purchases...
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Accounting
Brian Lee, Coronado & Lee Fabricators' purchasing manager, has just completed the companys inventory purchases budget.
| January | February | March | Quarter | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Budgeted unit sales | 20,000 | 30,000 | 32,000 | 82,000 | |||||
| Budgeted ending inventory | 9,000 | 9,600 | 9,900 | 9,900 | |||||
| Budgeted unit cost | 22.40 | 22.40 | 22.40 | 22.40 |
Prepare Coronado & Lee's ending inventory and cost of goods sold budget for the first quarter.
| Ending inventory | $enter the ending inventory in dollars | |
|---|---|---|
| Cost of goods sold | $enter the cost of goods sold in dollars |
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