What is ending inventory for march


Question: Delicious Drinks, Inc. needs to project monthly cash flows for inventory for the first quarter of the upcoming year. The firm keeps in inventory soda cans at 20% of monthly projected sales. Each soda can costs $.01 each and the company projects that sales will reach 200,000 in January, 220,000 in February, 270,000 in March, and 300,00 in April. What is ending inventory for March? O $60 $540 $600 $660 $570

 

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Accounting Basics: What is ending inventory for march
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