The Gel Company, a hair products wholesaler, budgeted $150,000 of credit sales and $20,000 of cash sales for June. All merchandise is marked up to sell at 125% of its invoice cost. What is the budgeted cost of sales for June? September 22, 2022 by 8i9x6 $140,000 $127,500 $132,500 $136,000 See Answer $136,000