Month Budgeted Sales March $6,000 April $13,000 May $12,000 June $14,000 The expected gross profit rate is 30% and the inventory at the end of…

The expected gross profit rate is 30% and the inventory at the end of February was$10,000. Desired inventory levels at the end of the month are 20% of the next month’s cost of goods sold.

What is the desired beginning inventory on June 1?