- shipping heavy equipment
- sports management colleges
Pinsetter’s Supply is a merchandiser of three different products. The company’s February 28 inventories are footwear, 21,500 units; sports equipment, 78,500 units; and apparel, 48,000 units. Management believes that excessive inventories have accumulated for all three products. As a result, a new policy dictates that ending inventory in any month should equal 32% of the expected unit sales for the following month. Expected sales in units for March, April, May, and June follow.
Budgeted Sales in Units
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March| April | May | June
Footwear |14,500 | 23,500 | 33,500 |35,000
Sports equipment | 68,500 | 90,500 | 94,500 | 90,500
Apparel |41,500 | 37,500 | 33,500 | 22,000
1. Prepare a merchandise purchases budget (in units) for each product for each of the months of March, April, and May. (Amounts to be deducted should be indicated with a minus sign.)
Budgeted Sales in Units
---------------------------------------…
March| April | May | June
Footwear |14,500 | 23,500 | 33,500 |35,000
Sports equipment | 68,500 | 90,500 | 94,500 | 90,500
Apparel |41,500 | 37,500 | 33,500 | 22,000
1. Prepare a merchandise purchases budget (in units) for each product for each of the months of March, April, and May. (Amounts to be deducted should be indicated with a minus sign.)
Accounting question assistance?
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