Walker Company prepares monthly budgets Company policy is to end each month with merchandise inventary...
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Walker Company prepares monthly budgets Company policy is to end each month with merchandise inventary equal to 15% of budgeted unt sales for the follewing month. Budgoted sales and merchandise purchases for the next three menths follow. Beginning inventory on July 1 is 27,000 units. The company budgets sales of 200,000 units in October. The monchandise cost per unit is $2. Prepare the merchandise purchases budgets for the months of July. August, and September
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