Coronado Company estimates that $2025$ sales will be $$47,200$ in quarter $1,$$$56,640$ in quarter $2,$ and $$68,440$ in quarter $3.$ Cost of goods sold is $50\%$ of sales. Management desires to have ending merchandise inventory equal to $10\%$ of the next quarter's expected cost of goods sold.

Prepare a merchandise purchases budget by quarter for the first $6$ months of $2025.$

CORONADO COMPANY

Merchandise Purchases Budqet

Quarter

$q,2$

Six Months

$

$