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Walker Company prepares monthly budgets. The current budget plans for a September ending merchandise Inventory of 31.500 units. Company policy is to end each month
Walker Company prepares monthly budgets. The current budget plans for a September ending merchandise Inventory of 31.500 units. Company policy is to end each month with merchandise Inventory equal to 15% of budgeted sales for the following month. Budgeted sales and merchandise purchases for the next three months follow. The company budgets sales of 210,000 units in October July August September Sales (units) 190,000 320,00 290, Purchases (Units) 2a9.see 315,500 278,000 Prepare the merchandise purchases budgets for the months of July August, and September WALKER COMPANY Merchandise Purchases Budget for July August, and September July Dudledning inventory budgeted unit is for month Rounts of invertory August September 31.500 Un to a 200 500 315500 278.000
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