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Keggler's Supply is a merchandiser of three different products. The company's February 28 inventories are footwear, 18,500 units; sports equipment, 79.500 units; and apparel, 48,000
Keggler's Supply is a merchandiser of three different products. The company's February 28 inventories are footwear, 18,500 units; sports equipment, 79.500 units; and apparel, 48,000 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 28% of the expected unit sales for the following month. Expected sales in units for March April May, and June follow. June Footwear Sports equipment Apparel Budgeted Sales in Units March April May 14,500 25,500 31,500 33,500 70,500 90,500 96,000 89,500 41,000 38,800 34,000 24,00 Required: 1. Prepare a merchandise purchases budget (in units) for each product for each of the months of March April, and May
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