M8-17 (Algo) Preparing Merchandise Purchases Budget [LO 8-5] Garfield Corporation expects to sell 1,000 units of its pet beds in March and 600 units in April. Each unit sells for $110. Garfield's ending inventory policy is 20 percent of the following month's sales. Garfield pays its supplier $50 per unit. Compute Garfield's budgeted purchases of pet beds for March. Total cost of budgeted purchases