Answer:
Purchases = 2100 shovels
Explanation:
given data
ending inventory = 500 shovels
Budgeted sales = 1,950 shovels
inventory = 320 shovels
to find out
How many shovels should Benson Stores purchase for December
solution
we know here ending inventory formula that is express as
Ending inventory = Beginning inventory + Purchases - Sales .......................1
put here value we will get Purchases
so that
500 = 320 + Purchases - 1950
Purchases = 500 + 1950 - 350
Purchases = 2100 shovels