Cost of goods sold, inventory, and purchases budget

Cost of goods sold, inventory, and purchases budget is a merchandiser's budget that computes the cost of goods sold, the amount of desired ending inventory, and amount of merchandise to be purchased.

Definitions

According to Managerial Accounting by Braun, Tietz (5th edition),

Cost of goods sold, inventory, and purchases budget. A merchandiser's budget that computes the cost of goods sold, the amount of desired ending inventory, and amount of merchandise to be purchased.