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Due Monday by 4:20pm Points 10 Submitting a text entry box or a file upload Available Apr 3 at 4pm - Apr 13 at 4:20pm

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Due Monday by 4:20pm Points 10 Submitting a text entry box or a file upload Available Apr 3 at 4pm - Apr 13 at 4:20pm 10 days Merchant Company prepares monthly budgets for its purchases of inventory for resale. The company pays its supplier $5 per unit. Company policy is to end each month with 10% of the following month's sales. Budgeted sales in units is 120,000 for April, 125,000 for May and 200,000 units for June. On March 31, Merchant had 12,000 units in beginning inventory. Prepare a Purchases budget for the month of April and May in units. What is the budgeted cost of purchases for April and for May? Next > Previous o e a - w @ mw N 9 7

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