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Walker company prepares monthly budgets. the current budget plans for a september ending merchandise inventory of 27,000 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 180,000 units in october. sales (units) purchases (units) july 210,000 223,500 august 300,000 295,500 september 270,000 256,500 prepare the merchandise purchases budgets for the months of july, august, and september.
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Walker company prepares monthly budgets. the current budget plans for a september ending merchandise...
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