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The purchasing department manager for Jordan Company prepared the following supplies purchases budget. Jordan's policy is to maintain an ending supplies balance equal to 10

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The purchasing department manager for Jordan Company prepared the following supplies purchases budget. Jordan's policy is to maintain an ending supplies balance equal to 10 percent of the following month's supplies expense. April's budgeted supplies expense is $80,000. Required a. Complete the supplies purchases budget by filling in the missing amounts b. Determine the amount of supplies expense the company will report on its first quarter pro forma income statement. C. Determine the amount of ending supplies the company will report on its pro forma balance sheet at the end of the first quarter Complete this question by entering your answers in the tabs below. ReqA Req B and C Complete the supplies purchases budget by filling in the missing amounts. Supplies Purchases Budget January February Budgeted supplies expense $ 55,000 $ 59,000 Plus: Desired ending supplies in 59001 March $ 65,000 Re A Req B and C Complete the supplies purchases budget by filling in the missing amounts. March $ 65,000 Supplies Purchases Budget January February Budgeted supplies expense $ 55,000 $ 59,000 Plus: Desired ending supplies 5,900 Supplies needed 60,900 Less: Beginning supplies 5,500 Required purchases (on account) $ 55,400 a. Complete the supplies purchases budget by filling in the missing amounts b. Determine the amount of supplies expense the company will report on its first quart c. Determine the amount of ending supplies the company will report on its pro forma Complete this question by entering your answers in the tabs below. Req A Req B and d Determine the amount of supplies expense the company will report on its first quarter p Determine the amount of ending supplies the company will report on its pro forma balan quarter. Supplies expense Ending supplies C.

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