Problem 6. Costume Company's ending inventories were as follows: March $150,000, April $200,000, May $350,000, and June $250,000. Forecasted sales are expected to be April $500,000, May $700,000, and June $600,000. Cost of goods sold is 60% Purchases for March were $300,000 Payments for every month's purchases are 60% during the month of the purchase and 40% in the next month. Required: Prepare budget schedules for purchases and disbursements for purchases for the months of April, May, and June. 47 772 words x O Focus 10 tv