Julies' Merchandise has budgeted sales as follows for the third quarter of the year:

July $$44,000$

August $$75,000$

September $$64,000$

Cost of goods sold in the company is equal to $70\%$ of sales. The company wants to maintain a monthly ending inventory equal to $105\%$ of the cost of goods sold for the following month. The inventory on June $30$ is $$24,000.$ The company is now preparing a merchandise purchase budget for July, August, and September.

Do not enter dollar signs or commas in the input boxes.

Do not use the negative sign.

Round all answers to the nearest whole number.

a$)$ What is the total merchandise needs for the month of July?

Merchandise to be sold $Answer

$30800$

Desired ending inventory $Answer

Total merchandise needs for July $Answer

b$)$ What is budgeted purchases in the month of August?

Merchandise to be sold $Answer

Desired Ending Inventory $Answer

Beginning Inventory $Answer

Merchandise to be purchased $Answer