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The selling price per unit is $50.00 December of the previous year 20,000 January                            &nbsp

The selling price per unit is $50.00

December of the previous year 20,000

January                                     40,000

February                                   60,000

March                                       80,000

April                                         100,000

                          

Prepare a purchases budget and the schedule for Disbursements for Purchases for January through March and for the first quarter in total. Assume that the company only sells one product that can be purchased at $35.00 per unit. The market for this product is very competitive and customers highly value quality and on time delivery of the product. Also assume that currently it is company policy that ending inventory should equal 50% of next month’s projected sales.

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