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please help Keggler's Supply is a merchandiser of three different products. The company's February 28 inventories are footwear, 20,000 units: sports equipment, 80,000 units; and
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Keggler's Supply is a merchandiser of three different products. The company's February 28 inventories are footwear, 20,000 units: sports equipment, 80,000 units; and apparel, 50,000 units. Management believes each of these inventories is too high. 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. May eBook Tootwear Sports equipment Apparel Budgeted salen in Units March April June 15,000 25,000 32,000 35,000 70,000 90,000 95,000 90,000 40,000 38,000 37,000 25,000 Print oferences Required: 1. Prepare a merchandise purchases budget (in units) for each product for each of the months of March, April, and May. + EGGLERS SUPPLY Merchandise Purchases Budget For March April, and May March April My FOOTWEAR Budgeted sales for next month Ratio of ending inventory to future sales Required units of available merchandise KEGGLER'S SUPPLY Merchandise Purchases Budget For March, April, and May March April May FOOTWEAR Budgeted sales for next month Ratio of ending inventory to future sales ok ht ences Required units of available merchandise + Budgeted purchases SPORTS EQUIPMENT Budgeted sales for next month Ratio of ending inventory to future sales Required units of available merchandise Budgeted purchases APPAREL Budgeted sales for next month 3 Required units of available merchandise 2. Dints Budgeted purchases SPORTS EQUIPMENT Budgeted sales for next month Ratio of ending inventory to future sales eBook Print Required units of available merchandise References Budgeted purchases APPAREL Budgeted sales for next month Ratio of ending inventory to future sales Required units of available merchandise Budgeted purchases Step by Step Solution
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