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Tiger Drug Store carries a variety of health and beauty aids, including 500-count bottles of...

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Accounting

Tiger Drug Store carries a variety of health and beauty aids, including 500-count bottles of vitamins. The sales budget for vitamins for the first six months of the year is presented below.
Unit Sales Dollar Sales
January 160 $1,280
February 1501,200
March 1701,360
April 1801,440
May 2001,600
June 1901,520
The owner of Tiger Drug believes that ending inventories should be sufficient to cover 10 percent of the next month's projected sales. On January 1,24 bottles of vitamins were in inventory.
Required:
Question Content Area
1. Prepare a merchandise purchases budget in bottles of vitamins for as many months as you can.The owner of Tiger Drug believes that ending inventories should be sufficient to cover 10 percent of the next month's projected sales. On January 1,24 bottles of vitamins were in
inventory.
Required:
Prepare a merchandise purchases budget in bottles of vitamins for as many months as you can.
Tiger Drug Store
Merchandise Purchases Budget
If vitamins are priced at cost plus 60 percent, what is the dollar cost of purchases for each month of your purchases budget?
January $
February
March
April
May
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