Quart Company prepared the following sales budget: Month Budgeted Sales March April May June $200,000 $270,000 $220,000 $240,000 Additional information: Cost of goods sold is budgeted at 65% of sales. Desired inventory levels at the end of each month are 25% of the next month's cost of goods sold. Required: Calculate the budgeted purchases for the months of April and May. March's data calculations have been included for you.

Quart Company prepared the following sales budget: Additional information: Cost of goods sold is budgeted at 65% of sales. Desired inventory levels at the end of each month are 25% of the next months cost of goods sold. Required: Calculate the budgeted purchases for the monthis of April and May. March's data calculations have been included for you. \begin{tabular}{|c|c|c|c|} \hline & March & April & May \\ \hline Sales & 200,000 & 270,000 & 220,000 \\ \hline Calculations: & & & \\ \hline COGS & 130,000 & $175,500 & $143,000 \\ \hline+ End inventory & 43,875 & & \\ \hline - Begin inventory & (30,000) & & \\ \hline = Purchases & 143,875 & & \\ \hline \end{tabular}