PURCHASES BUDGET

Estimated Unit Sales Xxxxxx

Add: Desired Ending Inventory (in Xxxxxx
units)
Total Inventory Requirement Xxxxxx
Less: Beginning Inventory (in Xxxxxx
units)
Estimated Purchases (in units) xxxxxx
 ABC Merchandising, which is engaged in the resulting of toys, is in the
process of preparing its budget for the calendar year 2015. Last year, ABC was
able to sell 150000 toys with a selling price of Php200 per toy. For the current
year, on the basis of both external and internal information, ABC expects to sell
40,000 toys for the 1st quarter alone. The firm also expects that unit sales per
quarter would increase by 10%. Selling price is also expected to increase by 10%
for 2015.

ABC Merchandising, which is engaged in the resulting of toys, is in the

process of preparing its budget for the calendar year 2015. Last year, ABC was
able to sell 150000 toys with a selling price of Php200 per toy. For the current
year, on the basis of both external and internal information, ABC expects to sell
40,000 toys for the 1st quarter alone. The firm also expects that unit sales per
quarter would increase by 10%. Selling price is also expected to increase by 10%
for 2015.

ABC Merchandising, which is engaged in the resulting of toys, is in the

process of preparing its budget for the calendar year 2015. Last year, ABC was
able to sell 150000 toys with a selling price of Php200 per toy. For the current
year, on the basis of both external and internal information, ABC expects to sell
40,000 toys for the 1st quarter alone. The firm also expects that unit sales per
quarter would increase by 10%. Selling price is also expected to increase by 10%
for 2015.

ABC Merchandising, which is engaged in the resulting of toys, is in the

process of preparing its budget for the calendar year 2015. Last year, ABC was
able to sell 150000 toys with a selling price of Php200 per toy. For the current
year, on the basis of both external and internal information, ABC expects to sell
40,000 toys for the 1st quarter alone. The firm also expects that unit sales per
quarter would increase by 10%. Selling price is also expected to increase by 10%
for 2015.

ABC Merchandising, which is engaged in the resulting of toys, is in the

process of preparing its budget for the calendar year 2015. Last year, ABC was
able to sell 150000 toys with a selling price of Php200 per toy. For the current
year, on the basis of both external and internal information, ABC expects to sell
40,000 toys for the 1st quarter alone. The firm also expects that unit sales per
quarter would increase by 10%. Selling price is also expected to increase by 10%
for 2015.
 ABC Merchandising, which is engaged in the resulting of toys, is in the
process of preparing its budget for the calendar year 2015. Last year, ABC was
able to sell 150000 toys with a selling price of Php200 per toy. For the current
year, on the basis of both external and internal information, ABC expects to sell
40,000 toys for the 1st quarter alone. The firm also expects that unit sales per
quarter would increase by 10%. Selling price is also expected to increase by 10%
for 2015.

ABC Merchandising, which is engaged in the resulting of toys, is in the

process of preparing its budget for the calendar year 2015. Last year, ABC was
able to sell 150000 toys with a selling price of Php200 per toy. For the current
year, on the basis of both external and internal information, ABC expects to sell
40,000 toys for the 1st quarter alone. The firm also expects that unit sales per
quarter would increase by 10%. Selling price is also expected to increase by 10%
for 2015.

ABC Merchandising, which is engaged in the resulting of toys, is in the

process of preparing its budget for the calendar year 2015. Last year, ABC was
able to sell 150000 toys with a selling price of Php200 per toy. For the current
year, on the basis of both external and internal information, ABC expects to sell
40,000 toys for the 1st quarter alone. The firm also expects that unit sales per
quarter would increase by 10%. Selling price is also expected to increase by 10%
for 2015.

ABC Merchandising, which is engaged in the resulting of toys, is in the

process of preparing its budget for the calendar year 2015. Last year, ABC was
able to sell 150000 toys with a selling price of Php200 per toy. For the current
year, on the basis of both external and internal information, ABC expects to sell
40,000 toys for the 1st quarter alone. The firm also expects that unit sales per
quarter would increase by 10%. Selling price is also expected to increase by 10%
for 2015.

ABC Merchandising, which is engaged in the resulting of toys, is in the

process of preparing its budget for the calendar year 2015. Last year, ABC was
able to sell 150000 toys with a selling price of Php200 per toy. For the current
year, on the basis of both external and internal information, ABC expects to sell
40,000 toys for the 1st quarter alone. The firm also expects that unit sales per
quarter would increase by 10%. Selling price is also expected to increase by 10%
for 2015.
 ABC Merchandising, which is engaged in the resulting of toys, is in the
process of preparing its budget for the calendar year 2015. Last year, ABC was
able to sell 150000 toys with a selling price of Php200 per toy. For the current
year, on the basis of both external and internal information, ABC expects to sell
40,000 toys for the 1st quarter alone. The firm also expects that unit sales per
quarter would increase by 10%. Selling price is also expected to increase by 10%
for 2015.

ABC Merchandising, which is engaged in the resulting of toys, is in the

process of preparing its budget for the calendar year 2015. Last year, ABC was
able to sell 150000 toys with a selling price of Php200 per toy. For the current
year, on the basis of both external and internal information, ABC expects to sell
40,000 toys for the 1st quarter alone. The firm also expects that unit sales per
quarter would increase by 10%. Selling price is also expected to increase by 10%
for 2015.

ABC Merchandising, which is engaged in the resulting of toys, is in the

process of preparing its budget for the calendar year 2015. Last year, ABC was
able to sell 150000 toys with a selling price of Php200 per toy. For the current
year, on the basis of both external and internal information, ABC expects to sell
40,000 toys for the 1st quarter alone. The firm also expects that unit sales per
quarter would increase by 10%. Selling price is also expected to increase by 10%
for 2015.

ABC Merchandising, which is engaged in the resulting of toys, is in the

process of preparing its budget for the calendar year 2015. Last year, ABC was
able to sell 150000 toys with a selling price of Php200 per toy. For the current
year, on the basis of both external and internal information, ABC expects to sell
40,000 toys for the 1st quarter alone. The firm also expects that unit sales per
quarter would increase by 10%. Selling price is also expected to increase by 10%
for 2015.

ABC Merchandising, which is engaged in the resulting of toys, is in the

process of preparing its budget for the calendar year 2015. Last year, ABC was
able to sell 150000 toys with a selling price of Php200 per toy. For the current
year, on the basis of both external and internal information, ABC expects to sell
40,000 toys for the 1st quarter alone. The firm also expects that unit sales per
quarter would increase by 10%. Selling price is also expected to increase by 10%
for 2015.
 ABC Merchandising, which is engaged in the resulting of toys, is in the
process of preparing its budget for the calendar year 2015. Last year, ABC was
able to sell 150000 toys with a selling price of Php200 per toy. For the current
year, on the basis of both external and internal information, ABC expects to sell
40,000 toys for the 1st quarter alone. The firm also expects that unit sales per
quarter would increase by 10%. Selling price is also expected to increase by 10%
for 2015.

ABC Merchandising, which is engaged in the resulting of toys, is in the

process of preparing its budget for the calendar year 2015. Last year, ABC was
able to sell 150000 toys with a selling price of Php200 per toy. For the current
year, on the basis of both external and internal information, ABC expects to sell
40,000 toys for the 1st quarter alone. The firm also expects that unit sales per
quarter would increase by 10%. Selling price is also expected to increase by 10%
for 2015.

ABC Merchandising, which is engaged in the resulting of toys, is in the

process of preparing its budget for the calendar year 2015. Last year, ABC was
able to sell 150000 toys with a selling price of Php200 per toy. For the current
year, on the basis of both external and internal information, ABC expects to sell
40,000 toys for the 1st quarter alone. The firm also expects that unit sales per
quarter would increase by 10%. Selling price is also expected to increase by 10%
for 2015.

ABC Merchandising, which is engaged in the resulting of toys, is in the

process of preparing its budget for the calendar year 2015. Last year, ABC was
able to sell 150000 toys with a selling price of Php200 per toy. For the current
year, on the basis of both external and internal information, ABC expects to sell
40,000 toys for the 1st quarter alone. The firm also expects that unit sales per
quarter would increase by 10%. Selling price is also expected to increase by 10%
for 2015.

ABC Merchandising, which is engaged in the resulting of toys, is in the

process of preparing its budget for the calendar year 2015. Last year, ABC was
able to sell 150000 toys with a selling price of Php200 per toy. For the current
year, on the basis of both external and internal information, ABC expects to sell
40,000 toys for the 1st quarter alone. The firm also expects that unit sales per
quarter would increase by 10%. Selling price is also expected to increase by 10%
for 2015.
 ABC Merchandising, which is engaged in the resulting of toys, is in the
process of preparing its budget for the calendar year 2015. Last year, ABC was
able to sell 150000 toys with a selling price of Php200 per toy. For the current
year, on the basis of both external and internal information, ABC expects to sell
40,000 toys for the 1st quarter alone. The firm also expects that unit sales per
quarter would increase by 10%. Selling price is also expected to increase by 10%
for 2015.

ABC Merchandising, which is engaged in the resulting of toys, is in the

process of preparing its budget for the calendar year 2015. Last year, ABC was
able to sell 150000 toys with a selling price of Php200 per toy. For the current
year, on the basis of both external and internal information, ABC expects to sell
40,000 toys for the 1st quarter alone. The firm also expects that unit sales per
quarter would increase by 10%. Selling price is also expected to increase by 10%
for 2015.

ABC Merchandising, which is engaged in the resulting of toys, is in the

process of preparing its budget for the calendar year 2015. Last year, ABC was
able to sell 150000 toys with a selling price of Php200 per toy. For the current
year, on the basis of both external and internal information, ABC expects to sell
40,000 toys for the 1st quarter alone. The firm also expects that unit sales per
quarter would increase by 10%. Selling price is also expected to increase by 10%
for 2015.

ABC Merchandising, which is engaged in the resulting of toys, is in the

process of preparing its budget for the calendar year 2015. Last year, ABC was
able to sell 150000 toys with a selling price of Php200 per toy. For the current
year, on the basis of both external and internal information, ABC expects to sell
40,000 toys for the 1st quarter alone. The firm also expects that unit sales per
quarter would increase by 10%. Selling price is also expected to increase by 10%
for 2015.

ABC Merchandising, which is engaged in the resulting of toys, is in the

process of preparing its budget for the calendar year 2015. Last year, ABC was
able to sell 150000 toys with a selling price of Php200 per toy. For the current
year, on the basis of both external and internal information, ABC expects to sell
40,000 toys for the 1st quarter alone. The firm also expects that unit sales per
quarter would increase by 10%. Selling price is also expected to increase by 10%
for 2015.
 ABC Merchandising, which is engaged in the resulting of toys, is in the
process of preparing its budget for the calendar year 2015. Last year, ABC was
able to sell 150000 toys with a selling price of Php200 per toy. For the current
year, on the basis of both external and internal information, ABC expects to sell
40,000 toys for the 1st quarter alone. The firm also expects that unit sales per
quarter would increase by 10%. Selling price is also expected to increase by 10%
for 2015.

ABC Merchandising, which is engaged in the resulting of toys, is in the

process of preparing its budget for the calendar year 2015. Last year, ABC was
able to sell 150000 toys with a selling price of Php200 per toy. For the current
year, on the basis of both external and internal information, ABC expects to sell
40,000 toys for the 1st quarter alone. The firm also expects that unit sales per
quarter would increase by 10%. Selling price is also expected to increase by 10%
for 2015.

ABC Merchandising, which is engaged in the resulting of toys, is in the

process of preparing its budget for the calendar year 2015. Last year, ABC was
able to sell 150000 toys with a selling price of Php200 per toy. For the current
year, on the basis of both external and internal information, ABC expects to sell
40,000 toys for the 1st quarter alone. The firm also expects that unit sales per
quarter would increase by 10%. Selling price is also expected to increase by 10%
for 2015.

ABC Merchandising, which is engaged in the resulting of toys, is in the

process of preparing its budget for the calendar year 2015. Last year, ABC was
able to sell 150000 toys with a selling price of Php200 per toy. For the current
year, on the basis of both external and internal information, ABC expects to sell
40,000 toys for the 1st quarter alone. The firm also expects that unit sales per
quarter would increase by 10%. Selling price is also expected to increase by 10%
for 2015.

ABC Merchandising, which is engaged in the resulting of toys, is in the

process of preparing its budget for the calendar year 2015. Last year, ABC was
able to sell 150000 toys with a selling price of Php200 per toy. For the current
year, on the basis of both external and internal information, ABC expects to sell
40,000 toys for the 1st quarter alone. The firm also expects that unit sales per
quarter would increase by 10%. Selling price is also expected to increase by 10%
for 2015
Continuing our illustration on ABC Merchandising, ABC has a policy that the
ending inventory for the quarter is equal to the 20% of the estimated unit sales of
the succeeding quarter. At the close of 2014, ABC still had 8000 units of inventory
on land.

Continuing our illustration on ABC Merchandising, ABC has a policy that the
ending inventory for the quarter is equal to the 20% of the estimated unit sales of
the succeeding quarter. At the close of 2014, ABC still had 8000 units of inventory
on land.

Continuing our illustration on ABC Merchandising, ABC has a policy that the
ending inventory for the quarter is equal to the 20% of the estimated unit sales of
the succeeding quarter. At the close of 2014, ABC still had 8000 units of inventory
on land.

Continuing our illustration on ABC Merchandising, ABC has a policy that the
ending inventory for the quarter is equal to the 20% of the estimated unit sales of
the succeeding quarter. At the close of 2014, ABC still had 8000 units of inventory
on land.

Continuing our illustration on ABC Merchandising, ABC has a policy that the
ending inventory for the quarter is equal to the 20% of the estimated unit sales of
the succeeding quarter. At the close of 2014, ABC still had 8000 units of inventory
on land.

Continuing our illustration on ABC Merchandising, ABC has a policy that the
ending inventory for the quarter is equal to the 20% of the estimated unit sales of
the succeeding quarter. At the close of 2014, ABC still had 8000 units of inventory
on land.

Continuing our illustration on ABC Merchandising, ABC has a policy that the
ending inventory for the quarter is equal to the 20% of the estimated unit sales of
the succeeding quarter. At the close of 2014, ABC still had 8000 units of inventory
on land.

Continuing our illustration on ABC Merchandising, ABC has a policy that the
ending inventory for the quarter is equal to the 20% of the estimated unit sales of
the succeeding quarter. At the close of 2014, ABC still had 8000 units of inventory
on land.
Continuing our illustration on ABC Merchandising, ABC has a policy that the
ending inventory for the quarter is equal to the 20% of the estimated unit sales of
the succeeding quarter. At the close of 2014, ABC still had 8000 units of inventory
on land.

Continuing our illustration on ABC Merchandising, ABC has a policy that the
ending inventory for the quarter is equal to the 20% of the estimated unit sales of
the succeeding quarter. At the close of 2014, ABC still had 8000 units of inventory
on land.

Continuing our illustration on ABC Merchandising, ABC has a policy that the
ending inventory for the quarter is equal to the 20% of the estimated unit sales of
the succeeding quarter. At the close of 2014, ABC still had 8000 units of inventory
on land.

Continuing our illustration on ABC Merchandising, ABC has a policy that the
ending inventory for the quarter is equal to the 20% of the estimated unit sales of
the succeeding quarter. At the close of 2014, ABC still had 8000 units of inventory
on land.

Continuing our illustration on ABC Merchandising, ABC has a policy that the
ending inventory for the quarter is equal to the 20% of the estimated unit sales of
the succeeding quarter. At the close of 2014, ABC still had 8000 units of inventory
on land.

Continuing our illustration on ABC Merchandising, ABC has a policy that the
ending inventory for the quarter is equal to the 20% of the estimated unit sales of
the succeeding quarter. At the close of 2014, ABC still had 8000 units of inventory
on land.

Continuing our illustration on ABC Merchandising, ABC has a policy that the
ending inventory for the quarter is equal to the 20% of the estimated unit sales of
the succeeding quarter. At the close of 2014, ABC still had 8000 units of inventory
on land.

Continuing our illustration on ABC Merchandising, ABC has a policy that the
ending inventory for the quarter is equal to the 20% of the estimated unit sales of
the succeeding quarter. At the close of 2014, ABC still had 8000 units of inventory
on land.
Continuing our illustration on ABC Merchandising, ABC has a policy that the
ending inventory for the quarter is equal to the 20% of the estimated unit sales of
the succeeding quarter. At the close of 2014, ABC still had 8000 units of inventory
on land.

Continuing our illustration on ABC Merchandising, ABC has a policy that the
ending inventory for the quarter is equal to the 20% of the estimated unit sales of
the succeeding quarter. At the close of 2014, ABC still had 8000 units of inventory
on land.

Continuing our illustration on ABC Merchandising, ABC has a policy that the
ending inventory for the quarter is equal to the 20% of the estimated unit sales of
the succeeding quarter. At the close of 2014, ABC still had 8000 units of inventory
on land.

Continuing our illustration on ABC Merchandising, ABC has a policy that the
ending inventory for the quarter is equal to the 20% of the estimated unit sales of
the succeeding quarter. At the close of 2014, ABC still had 8000 units of inventory
on land.

Continuing our illustration on ABC Merchandising, ABC has a policy that the
ending inventory for the quarter is equal to the 20% of the estimated unit sales of
the succeeding quarter. At the close of 2014, ABC still had 8000 units of inventory
on land.

Continuing our illustration on ABC Merchandising, ABC has a policy that the
ending inventory for the quarter is equal to the 20% of the estimated unit sales of
the succeeding quarter. At the close of 2014, ABC still had 8000 units of inventory
on land.

Continuing our illustration on ABC Merchandising, ABC has a policy that the
ending inventory for the quarter is equal to the 20% of the estimated unit sales of
the succeeding quarter. At the close of 2014, ABC still had 8000 units of inventory
on land.

Continuing our illustration on ABC Merchandising, ABC has a policy that the
ending inventory for the quarter is equal to the 20% of the estimated unit sales of
the succeeding quarter. At the close of 2014, ABC still had 8000 units of inventory
on land.
Continuing our illustration on ABC Merchandising, ABC has a policy that the
ending inventory for the quarter is equal to the 20% of the estimated unit sales of
the succeeding quarter. At the close of 2014, ABC still had 8000 units of inventory
on land.

Continuing our illustration on ABC Merchandising, ABC has a policy that the
ending inventory for the quarter is equal to the 20% of the estimated unit sales of
the succeeding quarter. At the close of 2014, ABC still had 8000 units of inventory
on land.

Continuing our illustration on ABC Merchandising, ABC has a policy that the
ending inventory for the quarter is equal to the 20% of the estimated unit sales of
the succeeding quarter. At the close of 2014, ABC still had 8000 units of inventory
on land.

Continuing our illustration on ABC Merchandising, ABC has a policy that the
ending inventory for the quarter is equal to the 20% of the estimated unit sales of
the succeeding quarter. At the close of 2014, ABC still had 8000 units of inventory
on land.

Continuing our illustration on ABC Merchandising, ABC has a policy that the
ending inventory for the quarter is equal to the 20% of the estimated unit sales of
the succeeding quarter. At the close of 2014, ABC still had 8000 units of inventory
on land.

Continuing our illustration on ABC Merchandising, ABC has a policy that the
ending inventory for the quarter is equal to the 20% of the estimated unit sales of
the succeeding quarter. At the close of 2014, ABC still had 8000 units of inventory
on land.
Referring back to ABC Merchandising, ABC estimates that each toy would cost
Php30 for 2015. And thus, its purchases budget can further be updated: cost
Php30. And thus, its purchases budget can further be updated:

Referring back to ABC Merchandising, ABC estimates that each toy would cost
Php30 for 2015. And thus, its purchases budget can further be updated: cost
Php30. And thus, its purchases budget can further be updated:

Referring back to ABC Merchandising, ABC estimates that each toy would cost
Php30 for 2015. And thus, its purchases budget can further be updated: cost
Php30. And thus, its purchases budget can further be updated:

Referring back to ABC Merchandising, ABC estimates that each toy would cost
Php30 for 2015. And thus, its purchases budget can further be updated: cost
Php30. And thus, its purchases budget can further be updated:

Referring back to ABC Merchandising, ABC estimates that each toy would cost
Php30 for 2015. And thus, its purchases budget can further be updated: cost
Php30. And thus, its purchases budget can further be updated:

Referring back to ABC Merchandising, ABC estimates that each toy would cost
Php30 for 2015. And thus, its purchases budget can further be updated: cost
Php30. And thus, its purchases budget can further be updated:

Referring back to ABC Merchandising, ABC estimates that each toy would cost
Php30 for 2015. And thus, its purchases budget can further be updated: cost
Php30. And thus, its purchases budget can further be updated:

Referring back to ABC Merchandising, ABC estimates that each toy would cost
Php30 for 2015. And thus, its purchases budget can further be updated: cost
Php30. And thus, its purchases budget can further be updated:

Referring back to ABC Merchandising, ABC estimates that each toy would cost
Php30 for 2015. And thus, its purchases budget can further be updated: cost
Php30. And thus, its purchases budget can further be updated:
Referring back to ABC Merchandising, ABC estimates that each toy would cost
Php30 for 2015. And thus, its purchases budget can further be updated: cost
Php30. And thus, its purchases budget can further be updated

Referring back to ABC Merchandising, ABC estimates that each toy would cost
Php30 for 2015. And thus, its purchases budget can further be updated: cost
Php30. And thus, its purchases budget can further be updated:

Referring back to ABC Merchandising, ABC estimates that each toy would cost
Php30 for 2015. And thus, its purchases budget can further be updated: cost
Php30. And thus, its purchases budget can further be updated:

Referring back to ABC Merchandising, ABC estimates that each toy would cost
Php30 for 2015. And thus, its purchases budget can further be updated: cost
Php30. And thus, its purchases budget can further be updated:

Referring back to ABC Merchandising, ABC estimates that each toy would cost
Php30 for 2015. And thus, its purchases budget can further be updated: cost
Php30. And thus, its purchases budget can further be updated:

Referring back to ABC Merchandising, ABC estimates that each toy would cost
Php30 for 2015. And thus, its purchases budget can further be updated: cost
Php30. And thus, its purchases budget can further be updated:

Referring back to ABC Merchandising, ABC estimates that each toy would cost
Php30 for 2015. And thus, its purchases budget can further be updated: cost
Php30. And thus, its purchases budget can further be updated:

Referring back to ABC Merchandising, ABC estimates that each toy would cost
Php30 for 2015. And thus, its purchases budget can further be updated: cost
Php30. And thus, its purchases budget can further be updated:

Referring back to ABC Merchandising, ABC estimates that each toy would cost
Php30 for 2015. And thus, its purchases budget can further be updated: cost
Php30. And thus, its purchases budget can further be updated:
Referring back to ABC Merchandising, ABC estimates that each toy would cost
Php30 for 2015. And thus, its purchases budget can further be updated: cost
Php30. And thus, its purchases budget can further be updated:

Referring back to ABC Merchandising, ABC estimates that each toy would cost
Php30 for 2015. And thus, its purchases budget can further be updated: cost
Php30. And thus, its purchases budget can further be updated:

Referring back to ABC Merchandising, ABC estimates that each toy would cost
Php30 for 2015. And thus, its purchases budget can further be updated: cost
Php30. And thus, its purchases budget can further be updated:

Referring back to ABC Merchandising, ABC estimates that each toy would cost
Php30 for 2015. And thus, its purchases budget can further be updated: cost
Php30. And thus, its purchases budget can further be updated:

Referring back to ABC Merchandising, ABC estimates that each toy would cost
Php30 for 2015. And thus, its purchases budget can further be updated: cost
Php30. And thus, its purchases budget can further be updated:

Referring back to ABC Merchandising, ABC estimates that each toy would cost
Php30 for 2015. And thus, its purchases budget can further be updated: cost
Php30. And thus, its purchases budget can further be updated:

Referring back to ABC Merchandising, ABC estimates that each toy would cost
Php30 for 2015. And thus, its purchases budget can further be updated: cost
Php30. And thus, its purchases budget can further be updated:

Referring back to ABC Merchandising, ABC estimates that each toy would cost
Php30 for 2015. And thus, its purchases budget can further be updated: cost
Php30. And thus, its purchases budget can further be updated:

Referring back to ABC Merchandising, ABC estimates that each toy would cost
Php30 for 2015. And thus, its purchases budget can further be updated: cost
Php30. And thus, its purchases budget can further be updated:
Referring back to ABC Merchandising, ABC estimates that each toy would cost
Php30 for 2015. And thus, its purchases budget can further be updated: cost
Php30. And thus, its purchases budget can further be updated:

Referring back to ABC Merchandising, ABC estimates that each toy would cost
Php30 for 2015. And thus, its purchases budget can further be updated: cost
Php30. And thus, its purchases budget can further be updated:

Referring back to ABC Merchandising, ABC estimates that each toy would cost
Php30 for 2015. And thus, its purchases budget can further be updated: cost
Php30. And thus, its purchases budget can further be updated: