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A company budgets sales of 1 5 , 0 0 0 units for May and 1 5 , 6 0 0 units for June. The
A company budgets sales of units for May and units for June. The company maintains inventory of of next month's sales in units at the end of each month. Beginning May inventory totals units. Each unit of merchandise costs $ Prepare a merchandise purchases budget for May.
tableMerchandise Purchases BudgetMayBudgeted sales units,,vdots,Next period budgeted sales unitsRatio of inventory to future sales
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