Question: Current Attempt in Progress Moore Wholesalers is preparing its merchandise purchases budget. Budgeted sales are $420,000 for April and $500,000 for May. Cost of goods

budget. Budgeted sales are $420,000 for April and $500,000 for May. Cost

of goods sold is expected to be 64% of sales. The company's

Current Attempt in Progress Moore Wholesalers is preparing its merchandise purchases budget. Budgeted sales are $420,000 for April and $500,000 for May. Cost of goods sold is expected to be 64% of sales. The company's desired ending inventory is 21% of the following months cost of goods sold. ort Compute the required purchases for April Moore Wholesalers Purchases Budget Pargo Company is preparing its master budget for 2000 Relevant data pertaining to res production and dreat muteruls butents are as follows Sale Sales for the year are expected to tal0 fourth either of 2021 .000 urter towerth 25 26 espect the price ispected to be e s for the lost quarter 200 per for the first per be g o in the Production Management des restora n o 25% of the rest quarter's budgeted sales volume Direct material Exchant resounds of reements for first quarter 2021 .00 cost of round Management desires to maintain raw material inventories at 10% of the next quarter's prod u cts. Assume the production Prothe r oduction and for 2000 PARGO COMPANY Samwe PARGO COMPANY Production Budget Quarter PARGO COMPANY Direct Materials Budget Current Attempt in Progress Moore Wholesalers is preparing its merchandise purchases budget. Budgeted sales are $420,000 for April and $500,000 for May. Cost of goods sold is expected to be 64% of sales. The company's desired ending inventory is 21% of the following months cost of goods sold. ort Compute the required purchases for April Moore Wholesalers Purchases Budget Pargo Company is preparing its master budget for 2000 Relevant data pertaining to res production and dreat muteruls butents are as follows Sale Sales for the year are expected to tal0 fourth either of 2021 .000 urter towerth 25 26 espect the price ispected to be e s for the lost quarter 200 per for the first per be g o in the Production Management des restora n o 25% of the rest quarter's budgeted sales volume Direct material Exchant resounds of reements for first quarter 2021 .00 cost of round Management desires to maintain raw material inventories at 10% of the next quarter's prod u cts. Assume the production Prothe r oduction and for 2000 PARGO COMPANY Samwe PARGO COMPANY Production Budget Quarter PARGO COMPANY Direct Materials Budget

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