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Keggler's Supply is a merchandiser of three different products. The company's February 28 Inventories are footwear, 20.000 units: sports equipment, 81,000 units; and apparel, 48,500

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Keggler's Supply is a merchandiser of three different products. The company's February 28 Inventories are footwear, 20.000 units: sports equipment, 81,000 units; and apparel, 48,500 units. Management believes each of these inventories is too high. As a result, a new policy dictates that ending inventory in any month should equal 30% of the expected unit sales for the following month. Expected sales in units for March April May, and June follow. Footwear Sports equipment Apparel Budgeted Sales in Units March April May June 15,500 27,000 30,500 34,000 68,000 90,000 95,500 90,000 41,000 38,800 33,000 24,000 Required: 1. Prepare a merchandise purchases budget (in units) for each product for each of the months of March, April, and May, KEGGLER'S SUPPLY Merchandise Purchases Budget For March April, and May March FOOTWEAR Budgeted sales for next month Ratio of ending inventory to future sales April May Required units of available merchandise Budgeted purchases SPORTS EQUIPMENT DAN 1 of 2 Nevt

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