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

QS 20-28A (Algo) Merchandising: Computing purchases LO P4
Raider-X Company budgets sales of 11,000 units for April and 13,000 units for May. Beginning inventory on April 1 is 4,400 units, and the company wants to have 40% of next month's unit sales in inventory at the end of each month. The merchandise cost per unit is $2 Prepare a merchandise purchases budget for the month of April.
\table[[RAIDER-X COMPANY],[Merchandise Purchases Budget],[Budgeted sales units,],[,],[Next period budgeted sales units,],[Ratio of inventory to future sales,],[,],[Total required units,],[,],[Units to be purchased,],[Cost per unit,],[Cost of merchandise purchases,]]
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