Moore Wholesalers is preparing its merchandise purchases budget. Budgeted sales are $440,000 for April and $510,000 for May. Cost of goods sold is expected to be 65% of sales. The company's desired ending inventory is 24% of the following month's cost of goods sold. Compute the required purchases for April. Add V: Less V: Beginning Inventory eTextbook and Media Moore Wholesalers Purchases Budget For the Month of April $ 292500 69615 362115 61425 300690

Moore Wholesalers is preparing its merchandise purchases budget. Budgeted sales are $440,000 for Aprill and $510,000 for May Cost of goods sold is expected to be 65% of sales. The company's desired ending inventory is 24% of the following month's cost of goods sold. Compute the required purchases for April