Forest Catering provides catering to downtown offices. The company estimated there will be $44,600 in...

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Accounting

Forest Catering provides catering to downtown offices. The company estimated there will be $44,600 in food inventory at the beginning of December 2020. Forest Catering wants to have half of that amount in its inventory at the end of December. Based on the forecast, cost of food sales in December will be $132,000.
Do not enter dollar signs or commas in the input boxes.
Use the negative sign for negative values or values that must be subtracted.
Prepare a purchases budget.
Forest Catering
Purchases Budget
Month Ending December 31,2020
Budgeted Cost of Sales Answer
Required Ending Inventory Answer
Budgeted Beginning Inventory Answer
Required Purchases Answer

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