Requirements 1. Prepare Zayne Office Supply's sales budget for April and May 2025. Round all calculations to the nearest dollar. 2. Prepare Zayne Office Supply's inventory, purchases, and cost of goods sold budget for April and May. 3. Prepare Zayne Office Supply's selling and administrative expense budget for April and May. Print Done Budget Data a. b. C. d. Sales in April are expected to be $40,000. Zayne Office Supply forecasts that monthly sales will increase 2% over April sales in May. June's sales will increase by 4% over April sales. July sales will increase 20% over April sales. Zayne Office Supply maintains inventory of $11,000 plus 25% of the cost of goods sold budgeted for the following month. Cost of goods sold equal 50% of sales revenue. The beginning balance in merchandise inventory on April 1 is $15,000. Monthly salaries amount to $7,000. Sales commissions equal 5% of sales for that month. Other monthly expenses are as follows: Rent: $2,400 Depreciation: $200 Insurance: $100 Income tax: $1,700 Print Done The budget committee of Zayne Office Supply has assembled the following data for April and May: View the budget data. Read the requirements. Zayne Office Supply Sales Budget April and May, 2025 April May $ 40,000 $ 40,800 Total budgeted sales Requirement 2. Prepare Zayne Office Supply's inventory, purchases, and cost of goods sold budget for April and May. Zayne Office Supply Inventory, Purchases, and Cost of Goods Sold Budget Sales Plus: Cost of goods sold Total merchandise inventory required April and May, 2025 April May 40,000 40,800 11,000 Less: Beginning merchandise inventory Budgeted Purchases