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Purchases Budget 140 Tiger Drug Store carries a variety of health and beauty aids, including 500-count bottles of vitamins. The sales budget for vitamins for

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Purchases Budget 140 Tiger Drug Store carries a variety of health and beauty aids, including 500-count bottles of vitamins. The sales budget for vitamins for the first six months of the year is presented below. Unit Sales Dollar Sales January $1,120 February 1,040 March 1,200 April 1,280 1.440 June 1,360 The owner of Tiger Drug believes that ending Inventories should be sufficient to cover 10 percent of the next month's projected sales. On January 1, 25 bottles of Vitamins were in Inventory 150 May Required: 1. Prepare a merchandise purchases budget in bottles of vitamins for as many months as you can Tiger Drug Store Merchandise Purchases Budget gry March Apr Un sales Desired El Total needed Le B1 Ut purchases Prous Next > The owner of Tiger Drug believes that ending inventories should be sufficient to cover 10 percent of the next month's projected sales. On January 1, 25 bottles of vitamins were in Inventory. Required: 1. Prepare a merchandise purchases budget in bottles of vitamins for as many months as you can Tiger Drug Store Merchandise Purchases Budget January February March April May Unit sales Desired El Total needed Less: BI Unit purchases 2. If vitamins are priced at cost plus 60 percent, what is the dollar cost of purchases for each month of your purchases budget? January February March May Previous Next >

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