Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. prepare the merchandise purchases budget for the m

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

70.2K

Verified Solution

Question

Accounting

image Prepare the merchandise purchases budget for the months of July, August and September
2. Compute the ratio of ending inventory to the next months sales
3. How many units are budgeted for sale in October
Please use the formatt provided in the picture
13. 20.00 points Waker Company prepares mortybudgets. The current budget for a September endnginventry of 38,000 unilts. Company policy is to end each month with merchandise inventory equal to a specfied percent of budgeted sales for the following month. Budgeted sales and merchandise purchases for the three most recent months follow 180,000 310,000 290,000 206,000 306,000 270,000 WALKER COMPANY Merchandise Purchases Budget For July, August, and September August 38,000 Budgeted unils sales for month Required units of Beginning inventory lunits) Unils to be purchased 206.000 306.000 270,000 July August Next Ratio ot orhi's budgeted sales 38.000 eventory t to nest month's sales 3

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Most people who are infected with the HTLV-1 virus are asymptomatic carriers. One specific subtype of...

Biology
Q

Given the forecast and booked orders shown in the? table, and a beginning inventory of? 75,...

Operations Management
Q

1. Prove that the Cantor set contains no intervals. 2. Prove: If x is an element...

Advance Math
Q

Although not mentioned until Trichinella spiralis, all parasites we have discussed this semester havehad sylvatic...

Biology
Q

neutral environment blue data Choose all that apply a Enzymes from different organisms may function...

Biology
Q

Question 9 Points 2 Under the principle of limited government the government must abide by...

Biology
Q

Veronica Bell an interior decorator for Crown Interior Design is married and claims 1 allowance...

Basic Math
Q

Splash Country is considering purchasing a water park in Atlanta, Georgia, for $1,870,000. The new...

Accounting
Q

Accounting
Q

Comprehensive Problem 8 (Part Level Submission) Pina Colada Corp.'s balance sheet at December 31, 2018,...

Accounting
Q

Kilmer Manufacturing, Inc. has a manufacturing machine that needs attentio (Click the icon to view...

Accounting
Q

4: Statement of Changes in Equity with Adjusting Entries Page 16 of 20 Applebaum Services...

Accounting