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The Mojim Corporation's sales budget for the next three months is as follows: March - 20,500 units April - 30,000 units May - 38,500 units

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The Mojim Corporation's sales budget for the next three months is as follows: March - 20,500 units April - 30,000 units May - 38,500 units The company's policy is to hold month end inventories equal to 26% of the following month's sales. The selling price of a unit of $34 and the cost is $29. What is the amount of budgeted purchases, in dollars, for the month of April

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