Question
Purchases Budget in Units and Dollars Thunder Road Guitars specializes in vintage, used, and rare guitars. Assume badgeted sales for the first six months
Purchases Budget in Units and Dollars Thunder Road Guitars specializes in vintage, used, and rare guitars. Assume badgeted sales for the first six months of the year are as follows: Month January. February. March.. Unit Sales 15 12 16 Month April May.. June Unit Sales 18 Required Prepare a purchases budget in units and dollars for each month, January through May. 22 20 Beginning inventory for the year is 7 units. The budgeted inventory at the end of a month is 50% of units to be sold the following month. Purchase price per unit is $800.
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