Keggler's Supply is a merchandiser of three different products. Beginning inventories for March are footwear, 20,500 units; sports gear, 81,500 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 31% 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 15,000 April 24,500 32,500 May June 36,500 72,000 89,000 94,500 89,500 40,500 37,000 33,000 24,000 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: Desired ending 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 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 Units to purchase