Walker Company prepares monthly budgets. The current budget plans for a September ending inventory of 21,000 units. Company policy is to end each month with merchandise inventory equal to a specified percent of budgeted sales for the following month. Budgeted sales and merchandise purchases for the three most recent months follow Purchases (Units) 210.000 298,000 273.000 Sales (Units) 200,000 July August 280,000 (1) Prepare the ndise purchases budget for the months of July, August, and September WALKER COMPANY Merchandise Purchases Budget For July, August, and September July August 21.000 ed units sales for month Units to be purchased the ratio of ending inventory to the next month's sales. July August September 21,000 of July, August, and September. (1) Prepare the merchandise purchases budget for the WALKER COMPANY Merchandise Purchases Budget For July, August, and September July August September 21,000 Budgeted ending inventory units units sales for month ud Required units of available inventory inventory (units) Units to be purchased the ratio of ending inventory to the next month's sales. uly August September Budgeted ending inventory units Ratio of inventory to next month's sales (3) How many units are budgeted for sale in October? 21,000 sales Units budgeted for sale in October