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Do It! Review 21-5 Zeller Company estimates that 2017 sales will be $40.600 in quarter 1. $52.800 in quarter 2. and $61,300 in quarter 3.

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Do It! Review 21-5 Zeller Company estimates that 2017 sales will be $40.600 in quarter 1. $52.800 in quarter 2. and $61,300 in quarter 3. Cost of goods sold is 50% of sales Management desires to have ending finished goods inventory equal to 22% of the next quarter's expected cost of goods sold. Prepare a merchandise purchases budget by quarter for the first 6 months of 2017 ZELLER COMPANY Merchandise Purchases Budget Quarter She Months 11 - Click if you would like to show Work for this question: Open Show Work

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