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Business, 18.11.2019 19:31 SG2021

Suppose merrimack sells 2,000 hardcover books per day at an average price of $ 60. assume that merrimack's cost for the books is 70% of the selling price it charges retail customers. merrimack has no beginning inventory, but it wants to have a three-day supply of ending inventory. assume that selling and administrative expenses are $ 4,000 per day. compute merrimack's budgeted sales for the next (seven-day) week. a. $ 840,000 b. $ 1,680,000 c. $ 868,000 d. $ 588,000

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Suppose merrimack sells 2,000 hardcover books per day at an average price of $ 60. assume that merri...
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