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 solkt is budgeted at 654 of sales, Desired inwertory levels at the end of each month are 25% of the next montis 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