Keggler's Supply is a merchandiser of three different products. Beginning inventories for March are footwear, 18,000 units; sports gear, 82,000 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 32% of the budgeted sales units for the following month. Budgeted sales units for March, April, May, and June follow. Budgeted Sales in Units March April May June Footwear 16,000 24,500 31,500 35,000 Sports gear Apparel Required: 70,000 90,000 95,500 89,500 000 90, 41,500 38,500 33,500 23,000 1. Prepare a merchandise purchases budget (in units only) for each product for each of the months of March, April, and May. FOOTWEAR KEGGLER'S SUPPLY Merchandise Purchases Budget Add: Desired ending inventory 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 March April May