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Prepare the purchases budget for the second quarter. (Round answers to 0 decimal places, e.g. 5,275. Enter answers in necessary fields only. Leave...

This question was created from Problem5-35 https://www.coursehero.com/file/19749079/Problem5-35/

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I tried calculating the COGS myself, and got different answers - how do you calculate the COGS

19749079-230585.jpeg

Prepare the purchases budget fur the Second quarter. fflwnd answers [0 0 decimal places. e.g.
5.2.?5. Enter answem in ”HESS-if! fields eel}: Leave ether fields blank. Do not enter 0.} Purchagee Budget April EDIE-S 1389? 2
35153 151112
Ma EDGE
y 1] D
39295 1681550
une EDGE
J 2 3
422M)
Julgllr COGS E
$ $ $-
Tutais 49965 5435? 59031 2 2 .5

Top Answer

Observe the ratio between COGS between the months. May = 0.70 in April and 0.30 in May. ( calculating these value is simple.... View the full answer

2 comments
  • Where are you getting these numbers from COGS (April) = 138972 / 0.30 = 463240
    • honorary
    • Nov 02, 2018 at 12:53am
  • 138972 is the first number in the first column. ......................... How this 0.30 comes ? .......... See the May month .... 351680 + 150720 = 502400 is the total COGS. ........................ Now what part of May falls in May = 150720 / 502400 = 0.30
    • arigelaicwai
    • Nov 02, 2018 at 1:06am

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