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Khapter 14 Homework: Breaded Oak, Inc. has a policy that requires 20 percent of the expected sales of its product to be on hand at the end of the prior month. Forecasted sales, in units, for the months of January through April are as follows: (a.) Calculate the number of units planned for ending inventory for January, February, and March. (b.) Calculate the number of units budgeted to be produced in January, February, and March. Mario's Record Shop, a retall store, has an average gross profit rato of 30 percent. The sales forecast for the next four months follows: Mario's inventory policy is to have ending inventory equal to 1.25 times the cost of sales for the subsequent month, although it is estimated that the cost of inventory at August 31 will be 585,000 . Calculate the purchases budget, in dollars, tor the months of September, October, and November. Danzi, Inc., has budgeted sales for the month of July and estimated cost behavior parterns for a number. of its expenses listed below. From this information prepare an operating expense budget for the month of July