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Raider-X Company budgets sales of 12,000 units for April and 14,000 units for May. Beginning inventory on April 1 is 2,400 units, and the
Raider-X Company budgets sales of 12,000 units for April and 14,000 units for May. Beginning inventory on April 1 is 2,400 units, and the company wants to have 20% 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. RAIDER-X COMPANY Merchandise Purchases Budget Budgeted sales units Next period budgeted sales units April Ratio of inventory to future sales 0 Total required units Units to be purchased Cost per unit Cost of merchandise purchases $ 0
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