question archive Purchases Budget in Units and Dollars Budgeted sales of The Music Shop for the first six months of 2010 are as follows: MonthUnit SalesMonthUnit SalesJanuary130,000April190,000February160,000May190,000March190,000June230,000 Beginning inventory for 2010 is 40,000 units
Purchases Budget in Units and Dollars Budgeted sales of The Music Shop for the first six months of 2010 are as follows: MonthUnit SalesMonthUnit SalesJanuary130,000April190,000February160,000May190,000March190,000June230,000 Beginning inventory for 2010 is 40,000 units
Subject:AccountingPrice: Bought3
Purchases Budget in Units and Dollars
Budgeted sales of The Music Shop for the first six months of 2010 are as follows:
MonthUnit SalesMonthUnit SalesJanuary130,000April190,000February160,000May190,000March190,000June230,000
Beginning inventory for 2010 is 40,000 units. The budgeted inventory at the end of a month is 20 percent of units to be sold the following month. Purchase price per unit is $3.
- Advise how you would create a purchases budget in units and dollars for each month, January through May.
The Music Shop
Purchases Budget
January - May, 2010
January Purchase units =
February Purchase units =
March Purchase units =
April Purchase units =
May Purchase units =
January Purchase dollars =
February Purchase dollars =
March Purchase dollars =
April Purchase dollars =
May Purchase dollars =
