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Baker Inc prepares monthly budgets. The current budget plans for a September ending merchandise inventory of 21,000 units. Company policy is to end each month

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Baker Inc prepares monthly budgets. The current budget plans for a September ending merchandise inventory of 21,000 units. Company policy is to end each month with merchandise Inventory equal to 10% of budgeted sales for the following month. Budgeted sales and merchandise purchases for the next three months follow. The company budgets sales of 210,000 units in October Sales (Unita) Purchases (Unita) July 200,000 212,000 August 320,000 317,000 September 290,000 282,000 Prepare the merchandise purchases budgets for the months of July, August, and September Baker Inc Merchandise Purchases Budget For July August, and September July August Budgeted ending inventory units September 21,000 Required units of available inventory Units to be purchased 212,000 317,000 282,000

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