Walker Company prepares monthly budgets. The current budget plans for a September ending merchandise inventory of 33,000 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 220,000 units in October 178,600 310,e00 328,008 191,000 311,500 305,000 July September Prepare the merchandise purchases budgets for the months of July, August, and September WALKER COME Merchandise Purchases Budget For July, August, and ber July August 33,000 Required units of available inventory 191,000 311,500 Units to be purchased