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education.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=http%253A%252F%252Flms.meducation.com%252Fmghmiddleware252Fmheproduct.252 AA Merchant omework Saved Problem 20-5AA Merchandising: Preparation and analysis of purchases budgets LO P4 Keggler's Supply is a merchandiser of three different products. The company's February 28 inventories are footwear, 21.500 units sports equipment, 79,000 units; and apparel, 49,000 units. Management believes each of these inventories is too high. As a result, a new policy dictates that ending inventory in any month should equal 29% of the expected unit sales for the following month Expected sales in units for March April May, and June follow Footwear Sports equipment Apparel Budgeted sales in Units March April June 25,000 33,000 36,500 69,880 88,500 96,000 91.000 41,500 38,500 33,000 23,000 Required: 1. Prepare a merchandise purchases budget (in units) for each product for each of the months of March April, and May. April May KEGGLER'S SUPPLY Merchandise Purchases Budget For March, April, and May March FOOTWEAR Budgeted sales for next month Ratio of ending inventory to future sales Required units of available merchandise Budgeted purchases SPORTS EQUIPMENT Required: 1. Prepare a merchandise purchases budget (in units) for each product for each of the months of March April, and KEGGIER'S SUPPLY Merchandise Purchases Budget For March April, and May March FOOTWEAR Budgeted sales for next month Ratio of ending inventory to future sales April May Required units of available merchandise Budgeted purchases SPORTS EQUIPMENT Budgeted sales for next month Ratio of ending inventory to future sales Required units of available merchandise Budgeted purchases APPAREL Budgeted sales for next month Ratio of ending Inventory to futuro sales Required units of available merchandise Budgeted purchases