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Murray electronics sales in May were 2,000 units @ $52 and 2,100 @ $54 in June. Sales projections are as follows: July an increase of 2% from June Sales (the sale price will be the same as June) August 2,200 units @$54 September an increase of 2% from A gust Sales (the sale price will be the same as August) INVENTORY POLICY Murray inventory policy is to maintain an ending inventory of 40% of next month sales. October Sales are expected to be 2.250 units Actual Inventory is 820 units. Each unit cost is $30. ACCOUNTS PAYABLE POLICY Murray pays 70% of merchandise purchases in cash and the remaining one month later. CALCULATE UNITS TO BE PURCHASED IN AUGUST PRESENT YOUR ANSWER ROUNDED TO ZERO DECIMAL PLACES DON'T USE COMMA SEPARATORS Murray electronics sales in May were 2000 units @ $52 and 2,100 @ $54 in June. Sales projections are as follows: July an increase of 2% from June Sales (the sale price will be the same as June) August 2,200 units @$54 September an increase of 2% from August Sales (the sale price will be the same as August) INVENTORY POLICY Murray inventory policy is to maintain an ending inventory of 40% of next month sales. October Sales are expected to be 2250 units. Actual inventory is 820 units. Each unit cost is $30. ACCOUNTS PAYABLE POLICY Murray pays 70% of merchandise purchases in cash and the remaining one month later. CALCULATE COST OF MERCHANDISE PURCHASES IN SEPTEMBER PRESENT YOUR ANSWER ROUNDED TO ZERO DECIMAL PLACES DON'T USE COMMA SEPARATORS Murray electronics sales in May were 2,000 units @ $52 and 2100 @ $54 in June. Sales projections are as follows: July an increase of 2% from June Sales (the sale price will be the same as June) August 2,200 units @$54 September an increase of 2% from August Sales (the sale price will be the same as August) Accounts Receivable Policy 40% of sales are cash sales and the remaining 60% are credit sales. 80% of credit sales are collected in 1 month and the remaining 20% in 2 months CALCULATE TOTAL CASH RECEIPTS FOR SEPTEMBER PRESENT YOUR ANSWER ROUNDED TO ZERO DECIMAL PLACES DON'T USE COMMA SEPARATORS