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So my desired ending inventory would be 30% of the COGS of $234,000 which is $70,200 because the 70% of COGS $234,000 is $163,800 is my beg merchandise inventory

So my COGS for Nov is $234,000 Dec is $222,000 and Jan $228,000
Would that be my Budget sales? So would my 30% of the COGS of Nov be my desired ending inventory in my Merchandise Purchase Budget?

Sales are budgeted at $390,000 for Nov. $370,000 for Dec. and $380,000 for Jan.
The cost of goods sold is 60% of sales
The company purchases 70% of its merchandise in the month prior to the month...