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Raider-X Company budgets sales of 20,000 units for April and 22,000 units for May. Beginning inventory on April 1 is 2,100 units, and the company

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Raider-X Company budgets sales of 20,000 units for April and 22,000 units for May. Beginning inventory on April 1 is 2,100 units, and the company wants to have 40% 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 April Budgeted sales units Next period budgeted sales units Ratio of inventory to future sales Total required units Units to be purchased Cost per unit Cost of merchandise purchases

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