A merchandiser, provides the following information for its December budgeting process: November 30 inventory 2,000 units Budgeted sales for December 5,000 units Desired December 31 inventory 3,500 units Budgeted purchases in December are: Question 3Answer a. 8,500 units. b. 3,500 units. c. 7,000 units. d. 5,000 units. e. 6,500 units.

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A merchandiser, provides the following information for its December budgeting process:

November 30 inventory 2,000 units
Budgeted sales for December 5,000 units
Desired December 31 inventory 3,500 units

Budgeted purchases in December are:
Question 3Answer

a.
8,500 units.

b.
3,500 units.

c.
7,000 units.

d.
5,000 units.

e.
6,500 units.

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