LVV maining Time: 2 hours. 24 minutes, 00 seconds. Eestion Completion Status: QUESTION 2 Michael Company has a sales budget for next month of $300,000. Cost of goods sold is expected to be 50% of sales. All units are paid for in the month following purchase. The beginning inventor is $10,000 and an ending inventory of $12.000 is desired. The purchases for next month are $ 138,000 O $140,000 O $150,000 $152.000 QUESTION 3 Huntsman Company's variable selling and administrative expenses are $48.000 at a production level of 6.000 units. If the production level is 8.000 units, what are the variable selling administrative expenses? $48,000 $56,000 $64,000
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