QUESTION 4Pasta Disasta, Inc. is preparing its master budget for its first quarter of business. It expects to sell 2,000 pizzas per month. It will purchase enough pizzas so that 100 pizzasare in inventory at all times. The pizza is expected to cost $4 per pizza. It expects to pay 70% in the month of purchase and the remainder in the following month. Calculatethe amount of budgeted purchases for its first quarter.

Pizzas sell = 2000 per month Inventory = 100 Pizzas Cost = $4 per pizza

Answered: The pizza is expected to cost $4 per p…

Business

Accounting

The pizza is expected to cost $4 per p urchases for its first quarter.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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