Cola inc. is working on their budget for next year. COGS has been estimated at 60% of sales. Water purchases and payments are to be made during the month preceding the month of sale. Wages are estimated at 20% of sales and are paid during the month of sale. Other operating costs amounting to 25% of sales are to be paid in the month following sales. Sales revenue is forecasted:
What is the amount of water purchased during the month of March?© BrainMass Inc. brainmass.com June 4, 2020, 12:25 am ad1c9bdddf
The amount of water purchased during the month of March is determined.