The Scadoba Company has the following information available:

 

Month                                       Budgeted Sales

March                                                  $150,000

April                                                      153,000

May                                                      151,000

June                                                      254,500

July                                                       252,500

 

The cost of goods sold rate is 38% and the desired ending inventory level is 25% of the next month's cost of sales.

 

Required:

 

Prepare a purchases budget for April, May and June.

    • 8 years ago
    purchases budget
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