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Walker Company prepares monthly budgets. The current budget plans for a September ending merchandise inventory of 22,000 units. Company policy is to end each month with merchandise inventory equal to 10% of budgeted sales for the following month Budgeted sales and merchandise purchases for the next three months follow. The company budgets sales of 220,000 units in October July August September Sales (Units) 170,000 310,000 310,000 Purchases (Units) 184,000 310, eee 301,000 Prepare the merchandise purchases budgets for the months of July, August, and September WALKER COMPANY Merchandise Purchases Budget For July, August, and September July August September 22,000 Budgeted ending inventory units Required units of available inventory 184,000 310,000 301 000 Units to be purchased Walker Company prepares monthly budgets. The current budget plans for a September ending merchandise Inventory of 40,000 units Company policy is to end each month with merchandise Inventory equal to 20% of budgeted sales for the following month. Budgeted sales and merchandise purchases for the next three months follow. The company budgets sales of 200.000 units in October Purchases (Onits) July 200,000 August 320,000 314,000 September 290,000 272,000 170,000 Prepare the merchandise purchases budgets for the months of July, August, and September WALKER COMPANY Merchandise Purchases Budget For July, August, and September July August September 40,000 Budgotod ending inventory units Required units of available inventory 200,000 314,000 272,000 Units to be purchased

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