Keggler's Supply is a merchandiser of three different products. The company's February 28 inventories are footwear, 18,000 units; sports equipment, 79,000 units; and apparel, 48,500 units. Management believes that excessive inventories have accumulated for all three products. As a result, a new policy dictates that ending inventory in any month should equal 31% of the expected unit sales for the following month Expected sales in units for March, April, May, and June follow Budgeted Sales in Units Footwear Sports equipment Apparel March April May June 14,500 24,00033,500 35,500 69,500 88,500 96,000 90,500 41,50038,500 33,000 23,000 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 rl May FOOTWEAR Budgeted sales for next montlh Ratio of ending inventory to future sales Required units of available merchandise Budgeted purchases