Solution-Prepare a merchandise purchases budget for the

Prepare a merchandise purchases budget for the months

Reference no: EM133059201

Question - Lexi Company budgets unit sales of 1,390,000 in April, 1,220,000 in May, 130,000 in June, and 1,030,000 in July. Beginning inventory on April 1 is 210,000 units, and the company wants to have 30% of next month's unit sales in inventory at the end of each month. The merchandise cost per unit is $0.50. Prepare a merchandise purchases budget for the months of April, May, and June.

Reference no: EM133059201

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Prepare a merchandise purchases budget for the months : Lexi Company budgets unit sales of 1,390,000 in April, 1,220,000 in May, 130,000 in June, and 1,030,000 in July. Prepare a merchandise purchases budget

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Prepare a merchandise purchases budget for the months

Reference no: EM133059201

Reference no: EM133059201

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