Keggler's Supply is a merchandiser of three different products. Beginning inventories for March are footwear, 21,500 units, sports gear, 79,500 units, and apparel, 49,500 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. k Footwear Sports gear Apparel Budgeted Sales in Units March April May June 15,000 24,500 33,000 36,500 69,500 89,500 95,500 90,000 40,000 38,500 32,000 23,000 ces 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 0 KEGGLER'S SUPPLY Merchandise Purchases Budget March FOOTWEAR Budgeted sales units Add: Desired ending inventory Next period budgeted sales units Ratio of ending inventory to future sales Less: Beginning inventory units Total required units Less: Beginning inventory units Units to purchase SPORTS GEAR Budgeted sales units Add: Desired ending inventory Next period budgeted sales units Ratio of ending inventory to future sales Less: Beginning inventory units Total required units Less: Beginning inventory units Units to purchase APPAREL Budgeted sales units Add: Desired ending inventory Next period budgeted sales units Ratio of ending inventory to future sales Less: Beginning inventory units Total required units Less: Beginning inventory units Units to purchase