QS 20-28A (Algo) Merchandising: Computing purchases LO P4 Raider-X Company budgets sales of 16,000 units for April and 18,000 units for May. Beginning inventory on April 1 is 3,200 units, and the company wants to have 20% of next month's unit sales in inventory at the end of each month. The merchandise cost per unit is $3. Prepare a merchandise purchases budget for the month of April. RAIDER-X COMPANY Merchandise Purchases Budget Budgeted sales units Next period budgeted sales units Ratio of inventory to future sales Total required units Units to be purchased Cost per unit Cost of merchandise purchases $ April 0 0

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QS 20-28A (Algo) Merchandising: Computing purchases LO P4
Raider-X Company budgets sales of 16,000 units for April and 18,000 units for May. Beginning inventory on April 1 is 3,200 units, and
the company wants to have 20% of next month's unit sales in inventory at the end of each month. The merchandise cost per unit is $3.
Prepare a merchandise purchases budget for the month of April.
RAIDER-X COMPANY
Merchandise Purchases Budget
Budgeted sales units
Next period budgeted sales units
Ratio of inventory to future sales
Total required units
Units to be purchased
Cost per unit
Cost of merchandise purchases
$
April
0
0
Transcribed Image Text:QS 20-28A (Algo) Merchandising: Computing purchases LO P4 Raider-X Company budgets sales of 16,000 units for April and 18,000 units for May. Beginning inventory on April 1 is 3,200 units, and the company wants to have 20% of next month's unit sales in inventory at the end of each month. The merchandise cost per unit is $3. Prepare a merchandise purchases budget for the month of April. RAIDER-X COMPANY Merchandise Purchases Budget Budgeted sales units Next period budgeted sales units Ratio of inventory to future sales Total required units Units to be purchased Cost per unit Cost of merchandise purchases $ April 0 0
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