Question: Rossano Inc, makes a sells drum sets. Nick Ross, controller, is responsible for preparing the master budget. The sales manager has given Nick the following

Rossano Inc, makes a 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 May June July

Forecasted unit sales 12,000 15,000 10,000 11,000

Rossano expects to have 6,000 drum sets in ending inventory on March 31. The companys policy is to carry 30% of the following months projected sales in ending inventory.

Prepare Rossanos production budget for the second quarter.

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