2 3 4 5 6 7 8 9 10 1 12 In September 2022, the management of Whitehorse Company assembled th data in preparation of budgeted merchandise purchases for the months of Ja February, and March. January February March 19 20 Cost of goods sold as a percentage of sales Desired ending inventory as % of next month's cost of goods sold 13 The beginning inventory will be the desired amount. 14 $ $ Expected Sales 516,133 653,493 892,466 37% 19% 15 Required 16 Part A: Calculate the budgeted cost of goods sold for each month (above) 17 18 Part B: Calculate the budgeted merchandise purchases for February (6 marks- **Show all amounts as POSITIVE numbers**

In September 2022, the management of Whitehorse Company assembled th data in preparation of budgeted merchandise purchases for the months of J Februarv, and March. Expected Sales \begin{tabular}{|l|l|l|} \hline January & $ & 516,133 \\ \hline February & $ & 653,493 \\ \hline March & $ & 892,466 \\ \hline \end{tabular} \begin{tabular}{|l|l|} \hline Cost of goods sold as a percentage of sales & 37% \\ \hline Desired ending inventory as % of next month's cost of & 19% \\ goods sold & \\ \hline \end{tabular} The beginning inventory will be the desired amount. Required Part A: Calculate the budgeted cost of goods sold for each month (above) Part B: Calculate the budgeted merchandise purchases for February ( 6 marks **Show all amounts as POSITIVE numbers**