Keggler's Supply is a merchandiser of three different products. Beginning inventories for March are footwear, 20,000 units: sports gear, 80,000 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 30% of the budgeted sales units for the following month. Budgeted sales units for March, April, May, and June follow Budgeted Sales In Units March Footwear Sports gear Apparel April Bay 15,000 25,000 June 32,000 35,000 70,000 90,000 95,000 90,000 40,000 38,000- 37,000 25,000 Required: 1. Prepare a merchandise purchases budget (in units only) for each product for each of the months of March, April and May FOOTWEAR Add Dending inventory KEGGLER'S SUPPLY Merchandise Purchases Budget March April May Next period budgeted sales units Ratio of ending inventory to future sales Total required units Units to purchase SPORTS GEAR Add Desired ending inventory Next period budgeted sales units R Next period budgeted sales units Ratio of ending inventory to future sales Total required units Units to purchase SPORTS GEAR Add Desired ending inventory Next period budgeted sales units Ratio of ending inventory to future sales Total required units Units to purchase APPAREL Add: Desired ending inventory Next period budgeted sales units Ratio of ending inventory to future sales Total required units nces Units to purchase