Question: PLEASE ANSWER PLEASE HELP !!! Carmen Company sells jar candles. The sales forecast (units) for the coming months is: Each candle costs $11. The ending

PLEASE ANSWER PLEASE HELP !!!

ending inventory policy is 40% of next month's sales needs. April 1

Carmen Company sells jar candles. The sales forecast (units) for the coming months is: Each candle costs $11. The ending inventory policy is 40% of next month's sales needs. April 1 inventory will be as expected under the policy Carmen pays for purchases 30% in the month of purchase and 70% the following month. Accounts payable on April 1 is $2,290. Required: a. Prepare a purchases budget for the quarter ending June 30 . Note: Deductible values must be indicated with a minus sign. a. Prepare a purchases budget for the quarter ending June 30 . Note: Deductible values must be indicated with a minus sign. b. Prepare a cash payments budget for the quarter ending June 30 b. Prepare a cash payments budget for the quarter ending June 30

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