Keggler's Supply is a merchandiser of three different products. Beginning inventories for March are footwear,...
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Keggler's Supply is a merchandiser of three different products. Beginning inventories for March are footwear, 18,500 units; sports geat, 90,500 units; and apparel, 48,000 units. Management believes each of these inventories is too high and begins a new policy that ending inventory in any month should equal 28% of the budgeted sales units for the following month. Budgeted sales units for March, Aprit, May, and June follow. Required: 1. Prepare a merchandise purchases budget lin units only) for each product for each of the months of March, April, and Moy
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