8 ABC Ltd had a turnover of Rs 100 Crores in the previous year. The first four quartersaccounted for 10,20,30 and 40% respectively. 9 It is expected that the coming year would be better and that the sales shall increase by 10% over the sales effected in the previous year quarters. 10 COGS amounts to 50% of the sales. Management wants to keep 10% of the subsequent quarter sale as closing inventory every quarter. 11 There was no closing inventory in the previous year.Closing inventory at the end of the fourth quarter is budgeted to be Rs 1 Crore. 12 Prepare a Sales and Purchase Budget for the upcoming year
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so hard i not understand this question so sorry
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