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Prepare the purchases budget for Bramble Enterprises for the month of July. (Round purchase price per unit to 2 decimal places, e.g. 15.25) Bramble Enterprises'

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Prepare the purchases budget for Bramble Enterprises for the month of July. (Round purchase price per unit to 2 decimal places, e.g. 15.25) Bramble Enterprises' goal is to instill the joy of music in every school-aged child in its community. Its instrument of chotce is the classic recorder. Music teachers embrace the purity and power of these classic woodwind instruments, which provide a sure stepping-stone to great musical endeavors. Bramble's managers pulled together the following information to plan for its biggest sales month. - Budgeted sales volume is as follows: June 11,400 units, July 15,000, and August 11,800 . - Budgeted selling price is $3 Aunit. - Bramble plans to have 15% of its next month's sales volume sitting in ending inventory; beginning inventory in July exactly met this policy, with those units held at a cost of $1.70/ /unit (from prior purchases). - Budgeted purchase price of a recorder ac of July 1 is $1 80/unit - Bramble uses the FIFO assumption for inventory valuation. - Budgeted variable SG\&A cost is $0.20 /unit sold. - Budgeted monthly fixed SG\&A costs consist of the following: sales salaries of $3,000, advertising expense of $600, executive salaries of $4,500, depreciation on the facility of $2,300, administrative salaries of $2,600, and property taxes and insurance of $700. Beginning Merchandise Inventory Budgeted Sales Volume Budgeted Units to be Purchased Target Ending Merchandise Inventory Purchase Price per Unit Total Cost of Purchases

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