Raider-X Company budgets sales of 18,000 units for April and 20,000 units for May. Beginning inventory on
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Raider-X Company budgets sales of 18,000 units for April and 20,000 units for May. Beginning inventory on April 1 is 3,600 units, and the company wants to have 20% of next month’s unit sales in inventory at the end of each month. The merchandise cost per unit is $2. Prepare a merchandise purchases budget for the month of April.
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