Return to question B Walker Company prepares monthly budgets. Company policy is to end each month with merchandise inventory equal to 15% of budgeted unit sales for the following month. Budgeted sales and merchandise purchases for the next three months follow. Beginning inventory on July 1 is 27.000 units. The company budgets sales of 200,000 units in October. The merchandise cost per unit is $2 July August September Budgeted sales units 100.000 915,000 270,000 Units to purchase 200.250 308,250 259.500 Prepare the merchandise purchases budgets for the months of July, August, ond September Answer is not complete. WALKER COMPANY Merchandise Purchases Budget July August Budgeted ending Inventory (units) 3 47,250 40,500 September 30,000 Next period budgeted sales units Ratio of inventory to future sales 180,000 227.250% 409,050.000 409,097.250 315,000 335 500%. 1,056,825,000 1,056,865,500 270,000 300,000% 810,000,000 810,030,000 Total required units Units to purchase Cost per unit Cost of merchandise purchases 259,500