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KQuestion 1 (of 3) value: 1.00 points Pinsetter's Supply is a merchandiser of three different products. The company's February 28 inventories are footwear, 18,500 units;
KQuestion 1 (of 3) value: 1.00 points Pinsetter's Supply is a merchandiser of three different products. The company's February 28 inventories are footwear, 18,500 units; sports equipment, 80,000 units; and apparel, 49,500 units. Management believes that excessive inventories have accumulated for all three products. 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 Budgeted Sales in Units Footwear Sports equipment Apparel March April May June 15,000 27,000 31,000 34,000 69,500 90,000 95,500 89,000 42,000 38,500 33,500 22,000 Required 1. Prepare a merchandise purchases budget (in units) for each product for each of the months of March April, and May. (Amounts to be deducted should be indicated with a minus sign. Omit the "%" sign in your response.) PINSETTER'S SUPPLY Merchandise Purchases Budgets For March, April, and May March April May FOOTWEAR Budgeted sales for next month Ratio of ending inventory to future sales (Click to select) (Click to select) Required units of available merchandise (Click to select) Budgeted purchases Budgeted purchases SPORTS EQUIPMENT Budgeted sales for next month Rato ef ending invarory to future sales (Click to salect Required unts of avalable merchandise (Click to salect Budgated purchases APPAREL Budgeted sales for next month Rato ef ending invarory to future sales ck te seleoti Required unts of avalable merchandise Budgated purchases
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