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QS 2 0 - 2 8 A ( Algo ) Merchandising: Computing purchases LO P 4 Raider - X Company budgets sales of 1 6

QS 20-28A (Algo) Merchandising: Computing purchases LO P4
Raider-X Company budgets sales of 16,000 units for April and 18,000 units for May. Beginning inventory on April 1 is 3,200 units, and
the company wants to have 20% of next month's unit sales in inventory at the end of each month. The merchandise cost per unit is $3.
Prepare a merchandise purchases budget for the month of April.
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