Jam Co. forecasts merchandise purchases of $11,600 in January, $11,800 in February, and $15,400 in March; 40% of purchases are paid in the month of purchase and 60% are paid in the following month. At December 31 of the prior year, the balance of Accounts Payable (for December purchases) is $8,000. Prepare a schedule of cash disbursements for merchandise for each of the months of January, February, and March. Splinter Company forecasts sales of 6,000 units for April. Beginning inventory is 1,000 units. The desired ending inventory is 30% higher than the beginning inventory. How many units should Splinter purchase in April? i Company forecasts unit sales of 640,000 in April, 720,000 in May, 780,000 in June, and 620,000 in uly. Beginning inventory on April l is 192,000 units, and the company wants to have 30% of next month's ales in inventory at the end of each month. Prepare a merchandise purchases budget for the months of pril, May, and June