Walker Company prepares monthly budgets. Company policy is to end each month with merchandise inventory equal to 15% of budgeted unit sales for the following month. Budgeted sales and merchandise purchases for the next three months follow. Beginning inventory on July 1 is 28,500 units. The company budgets sales of 210,000 units in October. The merchandise cost per unit is $3.

	July	August	September
Budgeted sales units	190,000	310,000	310,000
Units to purchase	208,000	310,000	295,000

Prepare the merchandise purchases budgets for the months of July, and September.

\begin{tabular}{|l|l|l|l|} \hline \multicolumn{2}{|c|}{ WALKER COMPANY } \\ \hline \multicolumn{1}{|c|}{ Merchandise Purchases Budget } & \multicolumn{1}{c|}{ August } & September \\ \hline Budgeted ending inventory (units) & July & & \\ \hline Add: Beginning inventory units & & & \\ \hline Next period budgeted sales units & & & \\ \hline Ratio of inventory to future sales & & & \\ \hline Total required units & & & \\ \hline Units to purchase & & & \\ \hline Cost per unit & & & \\ \hline Cost of merchandise purchases & & \\ \hline \end{tabular}