14 3 Keggler's Supply is a merchandiser of three different products. Beginning inventories for March are footwear, 20,000 units, sports gear, 79,000 units; and apparel, 48,000 unit ment believes each of these inventories is too high and begins a new policy that ending Inventory in any month should equal 29% of the budgeted sales units for the following month. Budgeted sales units for March, April, May, and June follow. points Budgeted Sales in Units March April eBook Footwear Sports gear Apparel 14,000 25,000 May 33,500 36,000 June 71,000 90,000 95,500 90,500 40,500 38,000 32,500 23,000 Print Required: 1. Prepare a merchandise purchases budget (in units only) for each product for each of the months of March, April, and May. FOOTWEAR Budgeted sales units KEGGLER'S SUPPLY Merchandise Purchases Budget March Aprili May Add: Desired ending inventory Next period budgeted sales units Ratio of ending inventory to future sales Total required units Units to purchase SPORTS GEAR Add: Desired ending inventory Next period budgeted sales units Ratio of ending inventory to future sales 0