Vaughn Wholesalers is preparing its merchandise purchases budget. Budgeted sales are $$400,000$ for April and $$500,000$ for May.

Cost of goods sold is expected to be $62\%$ of sales. The company's desired ending inventory is $21\%$ of the following month's cost of

goods sold. Calculate the required purchases for April.

VAUGHN WHOLESALERS

Merchandise Purchases Budget

For the Month of April, $2022$