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answer all the follwing Exercise 27-5 Budgeting monthly cost of goods sold LORS Tucker Company purchases all of its camping merchandise on credit. It has

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Exercise 27-5 Budgeting monthly cost of goods sold LORS Tucker Company purchases all of its camping merchandise on credit. It has recently budgeted the following accounts payable balances and merchandise Inventory balances: January 31 February 28 March 31 April 30 Accounts Payable 5224,000 280,000 246,400 319,200 Merchandise Inventory 5560,000 672,000 627,200 554,400 Cash payments on accounts payable during each month are expected to be January 51,340,000 February 1,540,000 March.. 1,300,000 April 1,580,000 a. Calculate the budgeted amounts of purchases for February March, and April b. Calculate the budgeted amounts of cost of goods sold for February March, and April

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