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I included the choice of words that has to be selected for the ones outlined in blue Keggler's Supply is a merchandiser of three different
I included the choice of words that has to be selected for the ones outlined in blue
Keggler's Supply is a merchandiser of three different products. Beginning inventories for March are footwear, 18,500 units; sports gear, 82,000 units; and apparel, 49,500 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. Required: 1. Prepare a merchandise purchases budget (in units only) for each product for each of the months of March, April, and May. KEGGLER'S SUPPLY Add: Beginning inventory units Budgeted sales units Desired ending inventory Less: Beginning inventory units Step by Step Solution
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