Prepare the merchandise purchases budget for the months of July, August and September

2. Compute the ratio of ending inventory to the next months sales

3. How many units are budgeted for sale in October

Please use the formatt provided in the picture

13. 20.00 points Waker Company prepares mortybudgets. The current budget for a September endnginventry of 38,000 unilts. Company policy is to end each month with merchandise inventory equal to a specfied percent of budgeted sales for the following month. Budgeted sales and merchandise purchases for the three most recent months follow 180,000 310,000 290,000 206,000 306,000 270,000 WALKER COMPANY Merchandise Purchases Budget For July, August, and September August 38,000 Budgeted unils sales for month Required units of Beginning inventory lunits) Unils to be purchased 206.000 306.000 270,000 July August Next Ratio ot orhi's budgeted sales 38.000 eventory t to nest month's sales 3