Keggler's Supply is a merchandiser of three different products. Beginning inventories for March are footwear, 21.000 units; sports gear, 81,500 units; and apparel, 48,500 units. Management believes each of these inventories is too high and begins a new policy that ending inventory in any month should equal 32% 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 24.500 31,500 33,000 71,000 91,500 95,500 $9,500 42.000 37.500 33,000 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, April May KEGGLER'S SUPPLY Merchandise Purchases Budget March FOOTWEAR Add: Beginning inventory units Add: Desired ending inventory Next period budgeted sales units Ratio of ending Inventory to future sales Less: Beginning Inventory units 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