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Dado, Incorporated is preparing its budget for the second quarter. The company budgets sales of 640 units for April, 720 units for May, 780 units in June, 620 units in July, and 660 units in August.
The company wants to have 30% of next month's sales in inventory at the end of each month.
Prepare a merchandise purchases budget for the total units to be purchased in each of the months of April, May and June. Beginning inventory on April 1 is 192 units.