as 20-29A Merchandising: Computing purchases LO P4 Lexi Company forecasts unit sales of 1,410,000 in April, 1,280,000 in May, 370,000 in June, and 1,790,000 in July. Beginning inventory on April 1 is 190,000 units, and the company wants to have 30% of next month's sales in inventory at the end of each month. Prepare a merchandise purchases budget for the months of April, May, and June. Merchandise Purchases Budget Apri 1280,000 May 370,000 1790,000 to future sales 30% 30%