Chapter 14, Problem 18P

a)

To determine

Prepare an inventory purchases budget for April, May, and June.

b)

To determine

Determine the ending inventory Company P will report on the end-of-quarter pro forma balance sheet.

c)

To determine

Prepare a schedule of cash payments for inventory for April, May, and June.

d)

To determine

Determine the accounts payable balance which will be reported on the end-of-quarter pro forma balance sheet.