Cullumber Wholesalers is preparing its merchandise purchases budget. Budgeted sales are $420,000for April and $490,000for May. Cost of goods sold is expected to be65% of sales. The company's desired ending inventory is21% of the following month's cost of goods sold.

Compute the required purchases for April.

Cullumber Wholesalers

Purchases Budget

For the Month of April

For the Quarter Ended

For the Year Ended

Budgeted Cost of Goods Sold

Required Merchandise Purchases for April

Direct Materials per Unit

Units to Be Produced

Desired Ending Inventory

Desired Ending Direct Materials

Total Inventory Required

Beginning Inventory

Direct Materials Purchass

$

Add

Less

:

Beginning Inventory

Direct Materials Purchass

Desired Ending Inventory

Budgeted Cost of Goods Sold

Desired Ending Direct Materials

Direct Materials per Unit

Required Merchandise Purchases for April

Units to Be Produced

Total Inventory Required

Total Inventory Required

Desired Ending Direct Materials

Desired Ending Inventory

Required Merchandise Purchases for April

Beginning Inventory

Direct Materials Purchass

Units to Be Produced

Direct Materials per Unit

Budgeted Cost of Goods Sold

Add

Less

:

Budgeted Cost of Goods Sold

Total Inventory Required

Desired Ending Direct Materials

Units to Be Produced

Direct Materials per Unit

Direct Materials Purchass

Beginning Inventory

Required Merchandise Purchases for April

Desired Ending Inventory

Total Inventory Required

Required Merchandise Purchases for April

Units to Be Produced

Beginning Inventory

Budgeted Cost of Goods Sold

Desired Ending Direct Materials

Direct Materials per Unit

Desired Ending Inventory

Direct Materials Purchass

$