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Keggler's Supply is a merchandiser of three different products. The company's February 28 inventories are footwear, 19,500 units: sports equipment, 81,500 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, 19,500 units: sports equipment, 81,500 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 31% 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 15, eee 26, eee 33,eee 34,500 69,500 91,5ee 94, eee 99,5ee 40,580 38,500 32,000 23, 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 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

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