Question: Brief Exercise 21-10 Your answer is partially correct. Try again. Moore wholesalers is preparing its merchandise purchases budget. Budgeted sales are $409,600 for April and

Brief Exercise 21-10 Your answer is partially correct. Try again. Moore wholesalers is preparing its merchandise purchases budget. Budgeted sales are $409,600 for April and $486,700 for May. Cost of goods sold is expected to be 64% of sales. The company's desired ending inventory is 21% of the following month's cost of goods sold. compute the required purchases for April. Round intermediate calculations and final answer to o decimal places, e.g. 1,255.) Moore Wholesalers Purchases Budget For the Month of Apri Budgeted Cost of Goods Sold 26214 Less F Beginning 1nventor 5506 Required Merchandise Purchases 20709 LAdd Desired Ending Inventory 5506 Total Inventory Required click if you would like to Show Work for this question Open Show Work

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