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Carmen Company sells jar candles. The sales forecast (units) for the coming months is: Each candle costs $12. The ending inventory policy is 40% of

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Carmen Company sells jar candles. The sales forecast (units) for the coming months is: Each candle costs $12. The ending inventory policy is 40% of next month's sales needs. April 1 inventory will be as expected under the policy. Carmen pays for purchases 30% in the month of purchase and 70% the following month. Accounts payable on April 1 is $3,150. a. Prepare a purchases budget for the quarter ending June 30 . Note: Deductible values must be indicated with a minus sign. b. Prepare a cash payments budget for the quarter ending June 30 . b. Prepare a cash payments budget for the quarter erkting June 30

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