Exercise 5-10 Sheffield, Inc., makes and sells drum sets. Nick Ross, controller, is responsible for...
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Accounting
Exercise 5-10 Sheffield, Inc., makes and sells drum sets. Nick Ross, controller, is responsible for preparing the master budget. The sales manager has given Nick the following sales forecast for the coming months. April 11,090 ay 13,820 June 8,450 July 9,310 Forecasted unit sales Sheffield expects to have 4,880 drum sets in ending inventory on March 31. The company's policy is to carry 44% of the following month's projected sales in ending inventory. Prepare Sheffield's production budget for the second quarter. (Round answers to 0 decimal places, e.g. 5,275.) June Quarter LINK TO TEXT LINK TO VIDEO
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