3 pol me. Which ofthe following equations is used in a merchandise purchases budget? Multiple Choice 0 O O O Budgeted cost of goods sold + desired ending merchandise inventory beginning merchandise inventory = Required purchases Budgeted cost of goods sold desired ending merchandise inventory + beginning merchandise inventory = Required purchases Budgeted cost of goods sold desired beginning merchandise inventory + ending merchandise inventory = Required purchases Budgeted cost of goods sold + desired beginning merchandise inventory ending merchandise inventory = Required purchases