Chapter 20 QUIZ Help Seve & Sub Keggler's Supply is a merchandiser of three different products. The company's February 28 Inventories are footwear, 21500 units sports equipment, 79,500 units, and apparel, 49,500 units. Management believes each of these inventories is too high. As a resulta new policy dictates that ending Inventory in any month should equal 28% of the expected unit sales for the following month. Expected sales In units for March, April, May, and June follow. olnts Footwear Sports equipment Apparel Budgeted sales in Units March April May June 16.000 24.500 30,500 35,500 71,000 91.000 95,000 $9,500 41,000 38,000 33.000 22.000 Required: 1. Prepare a merchandise purchases budget (in units) for each product for each of the months of March April, and May. April 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 VINNUNAN TU Required units of available marchandise SONNA Budgeted purchases SPORTS EQUIPMENT 2 of 30 18