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Sith Electables budget for nine months ended Spomber 30 folos is the con la vente dut) Click the con lo vaditional Womation) Requirement Prewna contol gas old, Wory, wd purchase trudget for each of the truth arter of this year Computer cent of goods sold for sentitu nine moniti perlot Mount want is the Smith Electronics Cost of Goods Sold Inventory, and Purchases Budget For the Nine Months Ended September 30 Quarter Ended Sep 30 Mar 31 O10005 Jun 30 127.500 5 Nine Month Total 326.250 5 100.750 Cost of goods sold Plus Desired ending inventory Total inventory required Less: Beginning inventory Purchases - X is sales budget for budget.) Data table period. Round amounts to the nearest whole wentory, and purch Smith of Goods Sold, Inv For the Nine Mont Smith Electronics Sales Budget For the Nine Months Ended September 30 Quarter Ended Nine-Month Mar 31 Jun 30 Total Cash sales, 40% .... 48,000 $ 68,000 $ 58,000 S 174,000 72,000 102,000 37,000 261,000 Credits sales, 60% $ 120,000 $ 170.000 S 145,000 $ 435,000 Total sales, 100% Sep 30 Mar 31 90.0 ory Print Done Clear all Check answer aget for the nine months ended September 30 follows: Click the icon to view additional information) d purchases onth period. (Round amounts to the nearest - X More info Smith Ele old, Invento In the past, cost of goods sold has been 75% of total sales. The director of marketing and the financial vice president agree that each quarter's ending inventory should not be below $15,000 plus 20% of cost of goods sold for the following quarter. The marketing director expects sales of $220,000 during the fourth quarter. The January 1 inventory was $33,000 he Months Mar 31 90,000 Print Done

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