Merchandise Purchases Budget Definition

Merchandise Purchases Budget Definition:

Merchandise purchase budget is a budget used by a merchandising company that shows the amount of goods that must be purchased from suppliers during the period.

Merchandise Purchase Budget Formula or Equation:

Merchandise to be purchased = Budgeted units to be sold + Desired ending inventory – Units in hand

Also read inventory purchases budget for a merchandising firm article



Leave a Reply

Your email address will not be published.