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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

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image text in transcribed 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 25,500 units. The company budgets sales of 210,000 unlts In October. The merchandise cost per unit is $2. Prepare the merchandise purchases budgets for the months of July, August, and September. Prepare the merchandise purchases budgets for the months of July, August, and September

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