QS 20-29A (Algo) Merchandising: Merchandise purchases budget LO P4 Lexl Company budgets unit sales of 1,260,000 in April, 1,270,000 in May, 940,000 in June, and 1,660,000 in July. Beginning Inventory on April 1 is 504,000 unlts, and the company wants to have 40% of next month's unlt sales in Inventory at the end of each month. The merchandlse cost per unlt is $0.50. Prepare a merchandlse purchases budget for the months of April, May, and June