Keggler's Supply is a merchandiser of three different products. The company's f ebruary 28 inventories are footwear, 21,000 units sports equipment, 79,500 units; and apparel, 48.000 units. Management believe s each of these inventories is too high. As a result, a new policy dictates that ending inventory in any month should equal 31% of the xpected unit sales for the following month. Expected sales in units for March, April, May, and June follow sales for the following month. Footwear Sports equipnent Apparel Budgeted Sales in Units March ill AprilMay June 16,000 24,908 33,500 33,500 68,500 91,500 94,500 91,800 41,000 38,500 32,000 22,880 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 April May Budgeted sales for next month Ratio of ending imventory to future sales Required units ot available merchandise 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 April May FOOTWEAR Budgeted sales for next month Ratio of ending inventory to future sales Required units of available merchandise Budgeted purchases SPORTS EQUIPMENT Budgeted sales for next month Ratio of ending inventory to future sales Required units of available merchandise Budgeted purchases Required units of available merchandise Budgeted purchases SPORTS EQUIPMENT Budgeted sales for next month Ratio of ending inventory to future sales Required units of available merchandise Budgeted purchases APPAREL Budgeted sales for next month Ratio of ending inventory to future sales Required units of available merchandise Budgeted purchases