Question
Yamaguchi Swimwear has developed the following sales budget, in units: January 155,000 February 185,000 March 225,000 April 240,000 May 205,000 Beginning Inventory in January is
Yamaguchi Swimwear has developed the following sales budget, in units:
January 155,000
February 185,000
March 225,000
April 240,000
May 205,000
Beginning Inventory in January is 35,000 units. The company policy is to have 40% of the next month's inventory on hand at the end of the month.
Required:
Prepare purchasing budget for the months of January - April. Do not include May.
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