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Budgeting for Unit Purchases

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Nano, Inc. is preparing its budget for the second quarter. The following sales data have been forecasted:

April May June July August
Unit Sales ............ 640 720 780 620 680

Additional Information:
- Inventory on March 31: 192 units
- Desired ending inventory each month: 30% of next month's sales

How many units should be purchased in April, May, and June? How many units should be purchased in the second quarter in total?

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This solution helps with questions regarding budgeting for unit purchases.

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Dear student,
Purchase budget for second quarter ending June 30th, 2012 is provided in a separate excel file attached along with point to point explanatory notes for necessary working and related equations etc.

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Nano Inc
Purchase Budget
For the year ended 30th June 2012
Details April May June Quarter total
Budgeted Sales 640 720 780 2140
Desired Ending ...

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