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Prepare a monthly master budget for Soaring Drones for the quarter ended March 31, ...

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Accounting

Prepare a monthly master budget for Soaring Drones for the quarter ended March 31,
2024, including the following schedules:
Sales Budget & Schedule of Expected Cash Collections (10 marks)
Production Budget (10 marks)
Direct Materials Budget & Schedule of Expected Cash Disbursements (10 marks)
Direct Labour Budget (10 marks)
Manufacturing Overhead Budget (10 marks)
Ending Finished Goods Inventory Budget (10 marks)
Selling and Administrative Expense Budget (10 marks)
Prepare a monthly Cash Budget for Soaring Drones for the year ending March 31,2024
(10 mark).
Prepare a budgeted Income Statement and Statement of Retained Earnings for
the quarter ending March 31,2024(10 marks).
Prepare a budgeted Balance Sheet at March 31,2024(10 marks).
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