Lexi company forecasts unit sales of 1,040,000 in april, 1,220,000 in may, 980,000 in june, and 1,020,000 in july. beginning inventory on april 1 is 280,000 units, and the company wants to have 30% of next month’s sales in inventory at the end of each month. prepare a merchandise purchases budget for the months of april, may, and june.
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Lexi company forecasts unit sales of 1,040,000 in april, 1,220,000 in may, 980,000 in june, and 1,02...
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