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Lexi Company budgets unit sales of 1 , 1 6 0 , 0 0 0 in April, 1 , 2 5 0 , 0 0

Lexi Company budgets unit sales of 1,160,000 in April, 1,250,000 in May, 480,000 in June, and 1,710,000 in July. Beginning inventory on April 1 is 232,000 units, and the company wants to have 20% of next months unit sales in inventory at the end of each month. The merchandise cost per unit is $0.50. Prepare a merchandise purchases budget for the months of April, May, and June.

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