Keggler's Supply is a merchandiser of three different products. The company's February 28 inventories are footwear, 18,500 units; sports equipment, 81,000 units; and apparel, 49,000 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 32% 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 16,000 25,500 31,500 36,500 71,500 89,500 94,500 90,000 40,000 38,000 33,500 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 April FOOTWEAR h Kids omework Saved 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 APPAREL Budgeted sales for next month Ratio of ending inventory to future sales Required units of available merchandise Budgeted purchases Required: 1. Prepare a merchandise purchases budget (in units) for each product for each oft 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 Budgeted sales for next month Ratio of ending inventory to future sales Required units of available merchandise