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help Problem 22-5AA (Algo) Merchandising: Preparation of merchandise purchases budgets for three products LO P4 Keggler's Supply is a merchandiser of three different products. Beginning
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Problem 22-5AA (Algo) Merchandising: Preparation of merchandise purchases budgets for three products LO P4 Keggler's Supply is a merchandiser of three different products. Beginning inventories for March are footwear, 20.000 units. sports. gear, 81,500 units: and apparel, 50,000 units. Management believes each of these inventories is too high and begins a new policy that ending inventory in any month should equal 32% of the budgeted sales units for the following month. Budgeted sales units for March April, May; and June follow. 1. Prepare a merchandise purchases budget (in units only) for each product for each of the months of March, Aprili and May Required Step by Step Solution
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