Keggler's Supply is a merchandiser of three different products. Beginning inventories for March are footwear, 18,500 units; sports gear, 81,500 units; and apparel, 49,000 units. Management believes each of these inventories is too high and begins a new policy that ending inventory in any month should equal 29% of the budgeted sales units for the following month. Budgeted sales units for March, April, May, and June follow. Footwear Sports gear Apparel Budgeted Sales in Units March April May June 14,500 23,500 32,500 35,500 69,000 88,000 95,500 90,500 41,000 38,500 33,500 22,000 Required: 1. Prepare a merchandise purchases budget (in units only) for each product for each of the months of March, April, and May. KEGGLER'S SUPPLY Merchandise Purchases Budget March April May FOOTWEAR 23,500 32,500 35,500 Budgeted sales unit Add: Desired ending inventory Next period budgeted sales units Ratio of ending inventory to future sales Desired ending inventory Total required units 29% 0 23,500 32,500 35,500 Units to purchase SPORTS GEAR 88,000 95,500 90,500 Budgeted sales unit Add: Desired ending inventory Next period budgeted sales units 29% Ratio of ending inventory to future sales Desired ending inventory Total required units Budgeted sales unit Units to purchase APPAREL 38,500 33,500 22,000 Budgeted sales unit Add: Desired ending inventory Next period budgeted sales units Ratio of ending inventory to future sales Desired ending inventory 29% Total required units Add: Beginning inventory units Units to purchase