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In preparing a budget for the first three months of the current year, Wonka Bar is planning the units of merchandise it must order each

In preparing a budget for the first three months of the current year, Wonka Bar is planning the units of merchandise it must order each month. The company\'s policy is to have 25% of the next month\'s sales in its inventory at the end of each month. The company begins the year with 450 units in inventory. Projected sales for January , February, March, and April are 1,800 units, 2,100 units, 2,250 units, and 1,950 respectively. Prepare a purchases budget for first quarter (i.e. January, February and March). You must show your work for each month and provide the quarterly totals.

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