do part b also

In May zo20, the budet committee of Grand Stores assembles the following data in preparation of budgeted merchandise purchases for themonthof June 1 Expeded ales: June $517,000, July $614,200, 2. Cost of goods sold is expected to be 75% of sales. 3. Desired ending merchandise inventory is 30% of the following inext) monthis cost of goods sold. 4. The beginning inventory at June 1 wil be the desired amount. (a) Compute the bud ceted merchandise purchases for June In May zo20, the budet committee of Grand Stores assembles the following data in preparation of budgeted merchandise purchases for themonthof June 1 Expeded ales: June $517,000, July $614,200, 2. Cost of goods sold is expected to be 75% of sales. 3. Desired ending merchandise inventory is 30% of the following inext) monthis cost of goods sold. 4. The beginning inventory at June 1 wil be the desired amount. (a) Compute the bud ceted merchandise purchases for June