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Walker company prepares monthly budgets the current budget

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Walker Company prepares monthly budgets. The current budget plans for a September ending inventory of 19,000 units. Company policy is to end each month with merchandise inventory equal to a specified percent of budgeted sales for the following month. Budgeted sales and merchandise purchases for the three most recent months follow.


 Sales (Units) Purchases (Units)
  July 170,000 186,000
  August 330,000 326,000
  September 290,000 280,000

1. Prepare the company's merchandise purchases budget for the months of July, August and September.

Reference no: EM13567927

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