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    Amount of water purchased during the month of March

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    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:

    Feb $220,000
    March $225,000
    April $240,000
    May $250,000
    June $255,000

    What is the amount of water purchased during the month of March?

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    https://brainmass.com/business/accounting/amount-water-purchased-during-month-march-337843

    Solution Summary

    The amount of water purchased during the month of March is determined.

    $2.19

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