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Keggler's Supply is a merchandiser of three different products. The company's February 28 inventories are footwear, 21,000 units, sports equipment. 78.000 units, and apparel, 49,000

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Keggler's Supply is a merchandiser of three different products. The company's February 28 inventories are footwear, 21,000 units, sports equipment. 78.000 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 29% 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 14,500 26,500 31,500 35,500 70,500 90,880 94,000 90,500 41,500 38,000 33,000 22,000 Required: 1. Prepare a merchandise purchases budget (in units) for each product for each of the months of March April, arta May KEGGLER'S SUPPLY Merchandise Purchases Budget For March April, and May March FOOTWEAR Budgeted sales for next month Ratio of onding inventory to future sales April May 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 Budgeted sales for next month Ratio of ending inventory to future sales May Required units of available merchandise Budgeted purchases SPORTS EQUIPMENT Budgeted sales for next month Ratio of ending inventory to future sales Prey 1 of 2 Next > 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

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