BUS 8003 – Abbott & Costello has the following estimated sales. | Online Assignment Help: +1 (857)-330-4622

BUS 8003 – Abbott & Costello has the following estimated sales.

BUS 8003 – Abbott & Costello has the following estimated sales. Abbott & Costello has the following estimated sales.Quarter 1 = $8,100 Quarter 2 = $8,600 Quarter 3 = $9,500 Quarter 4 = $11,200Purchases are equal to 75 percent of the following quarter’s sales. What is the estimated amount of purchases for quarter 2?a. $5,209b. $5,508c. $5,848d. $7,125e. $7,720