Budget the budget plans for a sept ending inventory of

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The budget plans for a Sept ending inventory of 31,500 units. Company policy is to end each month with merchandise inventory equal to a specified percent of budgeted sales for the following month. Sales (unit) Purchase Units July 170,000 188,000 Aug 290,000 287,000 Sept 270,000 261,000 Prepare merchandise purchase budget for the month of JulY,Aug and Sept Budgeted ending inventory units required units of available inventory units to be purchased In sept we have a budgeted ending inventory units of 31,500

Reference no: EM13600672

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