Question: Dado, Inc. is preparing its budget for the second quarter. The following sales data have been forecasted: April May June July August Unit sales.. 640
Dado, Inc. is preparing its budget for the second quarter. The following sales data have been forecasted:
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| April | May | June | July | August |
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| Unit sales.. | 640 | 720 | 780 | 620 | 660 |
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| Additional information follows: |
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| Inventory on March 31: |
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| 192 Units |
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| Desired ending inventory each month: |
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| 30% of next month's sales | ||
Prepare a merchandise purchases budget for the total units to be purchased in the months of April, May, and June, as well as the total unit purchases for entire the quarter.
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