Which of the following items is not needed to prepare an inventory purchases budget for a merchandising business?
A) Expected unit selling price
B) Beginning inventory
C) Expected unit sales
D) Desired ending inventory

Question

Quizplus · Accepted Answer

The expected unit selling price is not needed to prepare an inventory purchases budget as it pertains to the selling aspect of the business. The other items (beginning inventory, expected unit sales, and desired ending inventory) are necessary to calculate the amount of inventory needed to purchase for a specific period.

Which of the Following Items Is Not Needed to Prepare