Sandra Wholesalers is preparing its merchandise purchases budget. Budgeted sales are $392,000 for April and $470,400 for May. Cost of goods sold is expected to be 65% of sales. The companys desired ending inventory is 20% of the following months cost of goods sold. Compute the required purchases for April.

SandraWholesalers Purchases Budget choose the accounting period For the Year EndedFor the Month of AprilFor the Quarter Ended

select an opening purchases budget item Total Inventory RequiredDirect Materials PurchassBeginning InventoryRequired Merchandise Purchases for AprilDirect Materials per UnitUnits to Be ProducedDesired Ending Direct MaterialsDesired Ending InventoryBudgeted Cost of Goods Sold