You have a budget to purchase 1,000 sweatshirts for your department. Based on last year’s sales, you have compiled the percentage of planned sales that you will need to purchase for each color that follows. Calculate the number of sweatshirts in each color that you will purchase. Color Percentage of Total Purchases Black 50% White 20% Gray 20% Brown 10%
You have a budget to purchase 1,000 sweatshirts for your department. Based on last year’s sales, you have compiled the percentage of planned sales that you will need to purchase for each color that follows. Calculate the number of sweatshirts in each color that you will purchase. Color Percentage of Total Purchases Black 50% White 20% Gray 20% Brown 10%
Chapter7: Budgeting
Section: Chapter Questions
Problem 1EA: Blue Book printing is budgeting sales of 25,000 units and already has 5,000 in beginning inventory....
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- You have a budget to purchase 1,000 sweatshirts for your department. Based on last year’s sales, you have compiled the percentage of planned sales that you will need to purchase for each color that follows. Calculate the number of sweatshirts in each color that you will purchase.
-
Color
Percentage of Total Purchases
Black
50%
White
20%
Gray
20%
Brown
10%
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