Brief Exercise 21-10 Your answer is partially correct. Try again. Moore wholesalers is preparing its merchandise purchases budget. Budgeted sales are $425 400 for April and $509,500 for May. Cost of goods sold is expected to be 65% of sales. Te company's desired ending inventory 1s 24% of the following month's cost of goods sold Compute the required purchases for April. (Round intermediate calculations and final answer to 0 decimal places, e.g. 1,255.) Moore Wholesalers Purchases Budget For the Month of April Budgeted Cost of Goods Sold Add VI Desired Ending Inventory Total Inventory Required 425400 509500 Required Merchandise Purchases V 509500