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QS 22-29A (Algo) Merchandising: Merchandise purchases budget LO P4 Lexi Company budgets unit sales of...

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QS 22-29A (Algo) Merchandising: Merchandise purchases budget LO P4 Lexi Company budgets unit sales of 1,650,000 in Apri, 1,280,000 in May, 640,000 in June, and 1,690,000 in July. Beginning inventory on April 1 is 330,000 units, and the company wants to have 20% of next month's unit sales in inventory at the end of each month. The merchandise cost per unit is $050 Prepare a merchandise purchases budget for the months of April, May, and June

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