Keggler's Supply is a merchandiser of three different products Beginning inventories for March are footwear, 18,000 units, sports gear. 79.000 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 31% of the budgeted sales units for the following month. Budgeted sales unfts for March, April, May, and June follow. Footwear Sports fear Apparel Budgeted sales in Units March April June 14,500 25,00 30,52 34,660 70.ee 90,500 95.ee 90,000 40.000 37,500 32,500 23,000 Required: 1. Prepare a merchandise purchases budget (in units only for each product for each of the months of March April, and May April May KEGGLER'S SUPPLY Merchandise Purchases Eludget March FOOTWEAR Budgeted sales unit 15.000 Add: Desired ending inventory Next period budgeted sales units Ratio of ending inventory to future sales 24.000 31.000 Total required units 15.000 24.000 31.000 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 into Next period budgeted sales units Ratio efending inventory to resales Total required units Units to purchase