Question: Sheffield the makes and sells drum sets. Matthew Young, controller, is responsible for preparing the master budget. The sales manager has given Mathew the following

Sheffield the makes and sells drum sets. Matthew Young, controller, is responsible for preparing the master budget. The sales
manager has given Mathew the following sales forecast for the coming months.
Shelfield expects to have 12,500 drum sets in ending inventory on March 31. The company's policy is to carry 30% of the following
month's projected sales in ending inventory.
Pnepare Sheffield's production budget for the second quarter.
June
Sheffield the makes and sells drum sets. Matthew Young, controller, is

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