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Susan Wholesalers is preparing its merchandise purchases budget. Budgeted sales are $504,000 for April and $604,800 for May. Cost of goods sold is expected to

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Susan Wholesalers is preparing its merchandise purchases budget. Budgeted sales are $504,000 for April and $604,800 for May. Cost of goods sold is expected to be 75% of sales. The company's desired ending inventory is 10% of the following month's cost of goods sold Compute the required purchases for April. Susan Wholesalers Purchases Budget $ Required Merchandise Purchases for April Budgeted Cost of Goods Sold Desired Ending Direct Materials Units to Be Produced Desired Ending Inventory Direct Materials Purchass Direct Materials per Unit Beginning Inventory Total Inventory Required $

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