Exercise $22-25$A $($Algo$)$ Merchandising: Merchandise purchases budgets LO P$4$

$0\mathrm{.}66$

Walker Company prepares monthly budgets. Company policy is to end each month with merchandise inventory equal to $20\%$ of budgeted unit sales for the following month. Budgeted sales and merchandise purchases for the next three months follow. Beginning inventory on July $1$ is $44,000$ units. The company budgets sales of $210,000$ units in October. The merchandise cost per unit is $$3.$

$\backslash$table$[[,$July,August,September$],[$Budgeted sales units,$220,000,310,000,310,000],[$Units to purchase,$238,000,310,000,290,000]]$

Prepare the merchandise purchases budgets for the months of July, August, and September.

Answer is not complete.

$\backslash$table$[[$WALKER COMPANY$],[$Merchandise Purchases Budget$],[,$July,August,September$],[$Budgeted sales units,$220,000vv,310,000,310,0000],[$Add: Desired ending inventory,,,$],[$Next period budgeted sales units,$310,000,290,000,210,000$~~