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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 130,000 Apri 200,000 February 170,000 May 180,000 March 190,000 June250,000 Beginning inventory for 2010 is 40,000 units. The budgeted inventory at the end of a month is 40 percent of units to be sold the following month. Purchase price per unit is $6 Prepare a purchases budget in units and dollars for each month, January through May The Music Shop Purchases Budget January - May, 2010 January February March April May Purchase units: Purchase dollars
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