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Keggler's Supply is a merchandiser of three different products. The company's February 28 inventories are footwear 20,500 units; sports equipment. 80,000 units and apparel, 49,500
Keggler's Supply is a merchandiser of three different products. The company's February 28 inventories are footwear 20,500 units; sports equipment. 80,000 units and apparel, 49,500 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 March 14.000 69.500 42,0 April 27.00 .000 18,500 May 1,5 95,500 2,500 June 34,00 90,089 23.ee Sports equipment 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 Budgcted sales for next month Ratio ofending inventory to future is April Required units ut te merchand B ed anches
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