Purchases Budget in Units and Dollars Budgeted sales of The Music Shop for the first six...

Month	Unit Sales	Month	Unit Sales
January	130,000	April	190,000
February	150,000	May	160,000
March	210,000	June	220,000

The Music Shop Purchases Budget January - May, 2010
Purchase units:	Answer	Answer	Answer	Answer	Answer
Purchase dollars:	$Answer	$Answer	$Answer	$Answer Mark 0.00 out of 1.00	$Answer

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Ans.

The Music Shop Purchases Budget January - May, 2010

Purchases Units Calculation

	January	February	March	April	May
Budgeted Sales	130,000	150,000	210,000	190,000	160,000
Add:- Desired Ending Inventory (40% of Next Month)	60,000	84,000	76,000	64,000	88,000
Total Inventory Needs	190,000	234,000	286,000	254,000	248,000
Less:- Beginning Inventory	50,000	60,000	84,000	76,000	64,000
Purchases Units	140,000	174,000	202,000	178,000	184,000

Purchase Dollers ($7 Per Units)

	January	February	March	April	May
Budgeted cost of Sales	$910,000	$1,050,000	$1,470,000	$1,330,000	$1,120,000
Add:- Desired Ending Inventory	$420,000	$588,000	$532,000	$448,000	$616,000
Total Inventory Needs	$1,330,000	$1,638,000	$2,002,000	$1,778,000	$1,736,000
Less:- Beginning Inventory	$350,000	$420,000	$588,000	$532,000	$448,000
Purchase Dollers	$980,000	$1,218,000	$1,414,000	$1,246,000	$1,288,000

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