Sander enterprises prepared the following sales budget: month: budgeted sales march: $8,000 april: $13,000 may: $12,000 june: $14,000 the expected gross profit rate is 40% and the inventory at the end of february was $10,000. desired inventory levels at the end of the month are 20% of the next month's cost of goods sold.
a. what is the desired beginning inventory on june 1st?
b. what is the desired ending inventory on may 31st?
c. what is the budgeted cost of goods sold for may?
d. what are the total purchases budgeted for april? e. what are the total purchases budgeted for may?

Laurelton heating & cooling installs and services commercial heating and cooling systems. laurelton uses job costing to calculate the cost of its jobs. overhead is allocated to each job based on the number of direct labor hours spent on that job. at the beginning of the current year, laurelton estimated that its overhead for the coming year would be $ 61 comma 500. it also anticipated using 4 comma 100 direct labor hours for the year. in april comma laurelton started and completed the following two jobs: (click the icon to view the jobs.) laurelton paid a $ 20-per-hour wage rate to the employees who worked on these two jobs. read the requirements requirement 1. what is laurelton's predetermined overhead rate based on direct labor hours? determine the formula to calculate laurelton's predetermined overhead rate based on direct labor hours, then calculate the rate. / = predetermined overhead rate