Prepare a purchases budget for april

Assignment Help Accounting Basics

Reference no: EM13764937

The Brower Company has the following information available:

Month Budgeted Sales
March $150,000
April 153,000
May 151,000
June 254,500
July 252,500

The gross profit rate is 40% and the desired ending inventory level is 20% of the next month's cost of sales.

Required:

Prepare a purchases budget for April, May and June.

Reference no: EM13764937

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