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Purchases Budget in Units and Dollars Budgeted sales of The Music Shop for the first six months of 2010 are as follows: Month Unit Sales
Purchases Budget in Units and Dollars Budgeted sales of The Music Shop for the first six months of 2010 are as follows:
Month | Unit Sales | Month | Unit Sales |
---|---|---|---|
January | 140,000 | April | 200,000 |
February | 140,000 | May | 160,000 |
March | 200,000 | June | 220,000 |
Beginning inventory for 2010 is 60,000 units. The budgeted inventory at the end of a month is 30 percent of units to be sold the following month. Purchase price per unit is $4. Prepare a purchases budget in units and dollars for each month, January through May.
The Music Shop Purchases Budget January - May, 2010 | |||||
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January | February | March | April | May | |
Purchase units: | Answer
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Purchase dollars: Please explain steps thank you | $Answer
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