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Question 1 Not yet answered Marked out of 10.00 Flag question Purchases Budget in Units and Dollars Budgeted sales of The Music Shop for
Question 1 Not yet answered Marked out of 10.00 Flag question Purchases Budget in Units and Dollars Budgeted sales of The Music Shop for the first six months of 2010 are as follows: Month Unit Sales Month Unit Sales 150,000 April 200,000 January February 180,000 May 190,000 210,000 June 220,000 March Beginning inventory for 2010 is 60,000 units. The budgeted inventory at the end of a month is 40 percent of units to be sold the following month. Purchase price per unit is $7. Prepare a purchases budget in units and dollars for each month, January through May. The Music Shop Purchases Budget January-May, 2010 January February Purchase units: Purchase dollars: $ $ $ March April $ May 13
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