Question: Bramble, Inc., makes and sells drum sets. Joseph Moore, controller, is responsible for preparing the master budget. The sales manager has given Joseph the following
Bramble, Inc., makes and sells drum sets. Joseph Moore, controller, is responsible for preparing the master budget. The sales manager has given Joseph the following sales forecast for the coming months.
| April | May | June | July | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Forecasted unit sales | 24,000 | 27,000 | 22,000 | 23,000 |
Bramble expects to have 12,000 drum sets in ending inventory on March 31. The company's policy is to carry 35% of the following month's projected sales in ending inventory. Prepare Bramble's production budget for the second quarter.
| April | May | June | Quarter | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| select an opening production budget item Budgeted unit salesTotal units requiredBudgeted ending inventoryBudgeted productionBeginning inventory | enter a number of units | enter a number of units | enter a number of units | enter a number of units | ||||||
| select a production budget item Budgeted unit salesBeginning inventoryTotal units requiredBudgeted productionBudgeted ending inventory | enter a number of units | enter a number of units | enter a number of units | enter a number of units | ||||||
| select a summarizing line for the first part Budgeted ending inventoryBudgeted unit salesBeginning inventoryTotal units requiredBudgeted production | enter a total number of units for the first part | enter a total number of units for the first part | enter a total number of units for the first part | enter a total number of units for the first part | ||||||
| select a production budget item Beginning inventoryBudgeted ending inventoryBudgeted productionTotal units requiredBudgeted unit sales | enter a number of units | enter a number of units | enter a number of units | enter a number of units | ||||||
| select a closing production budget item Budgeted productionTotal units requiredBudgeted ending inventoryBeginning inventoryBudgeted unit sales | enter a total number of units | enter a total number of units | enter a total number of units | enter a total number of units |
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