Prepare a merchandise purchase budget by month and quarter. A merchandiser purchases in dollars. I have set up a formatted budget for you. You can see how I have made a few minor changes to Schedule 2 on page 356, which is a production budget which we are not preparing. Make sure you think about the numbers you use in the quarter column. I am specifically talking about how you handle beginning and ending inventory.
Prepare a merchandise purchase budget by month and quarter. A merchandiser purchases in dollars. I have set up a formatted budget for you. You can see how I have made a few minor changes to Schedule 2 on page 356, which is a production budget which we are not preparing. Make sure you think about the numbers you use in the quarter column. I am specifically talking about how you handle beginning and ending inventory.
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