Lexi Company forecasts unit sales of 1,590,000 in April, 1,280,000 in May, 490,000 in June, and 1180,000 in July, Beginning inventory on April 1 is 240,000 units, and the company wants to have 40% of next month's sales in inventory at the end of each month. Prepare a merchandise purchases budget for the months of April, May, and June LEXI COMPANY Merchandise Purchases Budget For April, May, and June April Next month's budgeted sales (units) 1.280.000 Ratio of inventory to futuro sales Budgeted ending inventory (units) 512.000 Budgeted units sales for month 1.590,000 Required units of available inventory 2,102,000 Beginning inventory (units) 240,000 Units to be purchased 40% May 490,000 40% 196,000 1.200,000 1.470,000 June 1.180,000 40% 472.000 490.0001 962,000