Question: Waterwary, Inc, sells drum sets. Daniel Jackson, controller, is responsible for preparing the master budget. The sales manager has given Daniel the following sales forecast
Waterwary, Inc, sells drum sets. Daniel Jackson, controller, is responsible for preparing the master budget. The sales manager has given Daniel the following sales forecast for the coming month Waterway expects to have 11,000 drumsets in ending enventory on March 31. The compary purchases the drum sets from its supplier for $150 each and maintains 205 of the following month's projected sales in ending inventory. Prepare Waterway's inventory purchases budset for the second quarteri
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