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Business, 23.10.2019 02:50 cece4649

Simpleton shoes sold 22,000 units for a total of $990,000 in sales in the second quarter of 20x6. simpleton budgets 26% of the unit sale price for direct materials costs. if simpleton expects to increase sales by 5% each quarter, how much do they need to budget for direct materials in the first quarter of 20x7? assume that simpleton keeps a raw materials inventory for 10% of the next quarter’s sales in stock.

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Simpleton shoes sold 22,000 units for a total of $990,000 in sales in the second quarter of 20x6. si...
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