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1 20 por Walker Company prepares monthly budgets. The current budget plans for a September ending merchandise inventory of 36.000 units. Company policy is to

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1 20 por Walker Company prepares monthly budgets. The current budget plans for a September ending merchandise inventory of 36.000 units. Company policy is to end each month with merchandise inventory equal to 20% of budgeted sales for the following month, Budgeted sales and merchandise purchases for the next three months follow. The company budgets sales of 180.000 units in October Sales (Units) Purchases Units) 170,000 195.000 August 500.000 300,000 September 300,000 225,000 Prepare the merchandise purchases budgets for the months of July August, and September ei ole WALKER COMPANY Merchandise Purchases Budget For July August, and September July August September 36.000 Budgeted ending inventory units Budgeted units sales for month Required units of available inventory beginning inventory (unit) Units to be purchased 195.000 300 000 275,000

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