Question
Purchases Budget Tiger Drug Store carries a variety of health and beauty aids, including 500-count bottles of vitamins. The sales budget for vitamins for the
Purchases Budget
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 | 180 | $1,620 |
February | 170 | 1,530 |
March | 190 | 1,710 |
April | 200 | 1,800 |
May | 220 | 1,980 |
June | 210 | 1,890 |
The owner of Tiger Drug believes that ending inventories should be sufficient to cover 10 percent of the next months projected sales. On January 1, 23 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 | fill in the blank 407f09f9c066fad_1 | fill in the blank 407f09f9c066fad_2 | fill in the blank 407f09f9c066fad_3 | fill in the blank 407f09f9c066fad_4 | fill in the blank 407f09f9c066fad_5 |
Desired EI | fill in the blank 407f09f9c066fad_6 | fill in the blank 407f09f9c066fad_7 | fill in the blank 407f09f9c066fad_8 | fill in the blank 407f09f9c066fad_9 | fill in the blank 407f09f9c066fad_10 |
Total needed | fill in the blank 407f09f9c066fad_11 | fill in the blank 407f09f9c066fad_12 | fill in the blank 407f09f9c066fad_13 | fill in the blank 407f09f9c066fad_14 | fill in the blank 407f09f9c066fad_15 |
Less: BI | fill in the blank 407f09f9c066fad_16 | fill in the blank 407f09f9c066fad_17 | fill in the blank 407f09f9c066fad_18 | fill in the blank 407f09f9c066fad_19 | fill in the blank 407f09f9c066fad_20 |
Unit purchases | fill in the blank 407f09f9c066fad_21 | fill in the blank 407f09f9c066fad_22 | fill in the blank 407f09f9c066fad_23 | fill in the blank 407f09f9c066fad_24 | fill in the blank 407f09f9c066fad_25 |
2. If vitamins are priced at cost plus 80 percent, what is the dollar cost of purchases for each month of your purchases budget?
January | $fill in the blank ad0cde047031011_1 |
February | fill in the blank ad0cde047031011_2 |
March | fill in the blank ad0cde047031011_3 |
April | fill in the blank ad0cde047031011_4 |
May | fill in the blank ad0cde047031011_5 |
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