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Topic 3: Operating Budgets Wet Water Pty. Ltd. retails water bottles for $3.20 each and purchases them from a local supplier at a cost of

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Topic 3: Operating Budgets Wet Water Pty. Ltd. retails water bottles for $3.20 each and purchases them from a local supplier at a cost of $1.50 per bottle (unit). The company's expected sales in bottles (units) for September to December, 2017 are detailed in the following table: September 15,000 14,700 14,200 November The company would like to maintain inventory on hand at the end of each month at 20% of next month's sales volume. Required Prepare a Purchases Budget for the months of October and November, 2017 using the table (0 below. (i) Purchases Budget-October and November, 2017 October November

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