Robust Resources expects to sell 420 units of Product A and 420 units of Product 8 each day at an average price of $20 for Product A and $30 for Product B. The expected cost for Product A is 37% of its selling price and the expected cost for Product B is 63% of its selling price. Robust Resources has no beginning inventory, but it wants to have a three-day supply of ending inventory for each product. Compute the company's budgeted sales for the next (seven-day) week. (Round the answer to the nearest dollar) OA $147.000 OB 563.000 OC. $21,000 OD. $11.046 -COLD

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Robust Resources expects to sell 420 units of Product A and 420 units of Product B each day at an average price of $20 for Product A and $30 for Product B. The expected cost for Product A is 37% of its
selling price and the expected cost for Product B is 63% of its selling price. Robust Resources has no beginning inventory, but it wants to have a three-day supply of ending inventory for each product Compute
the company's budgeted sales for the next (seven-day) week. (Round the answer to the nearest dollar)
OA $147.000
OB. 563.000
OC. $21,000
OD. $11,046
CIC)
Transcribed Image Text:Robust Resources expects to sell 420 units of Product A and 420 units of Product B each day at an average price of $20 for Product A and $30 for Product B. The expected cost for Product A is 37% of its selling price and the expected cost for Product B is 63% of its selling price. Robust Resources has no beginning inventory, but it wants to have a three-day supply of ending inventory for each product Compute the company's budgeted sales for the next (seven-day) week. (Round the answer to the nearest dollar) OA $147.000 OB. 563.000 OC. $21,000 OD. $11,046 CIC)
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