Question: Marigold, Inc., makes and sells drum sets. Robert Williams, controller, is responsible for preparing the master budget. The sales manager has given Robert the following
Marigold, Inc., makes and sells drum sets. Robert Williams, controller, is responsible for preparing the master budget. The sales
manager has given Robert the following sales forecast for the coming months.
Marigold expects to have drum sets in ending inventory on March The company's policy is to carry of the following
month's projected sales in ending inventory.
Prepare Marigold's production budget for the second quarter.
Total units required
Budgeted ending inventory
Beginning inventory
Budgeted unit sales
Budgeted production
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