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Brief Exercise 23-10 Moore Wholesalers is preparing its merchandise purchases budget. Budgeted sales are $400,000 for April and $480,000 for May. Cost of goods sold

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Brief Exercise 23-10 Moore Wholesalers is preparing its merchandise purchases budget. Budgeted sales are $400,000 for April and $480,000 for May. Cost of goods sold is expected to be 65% of sales. The company's desired ending inventory is 20% of the following month's cost of goods sold. Compute the required purchases for April. (Round intermediate calculations and final answer to o decimal places, e.g. 1,255.) Moore Wholesalers Purchases Budget

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