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1 ! - - ! 3. Which of the following represents the normal sequence in which the below budgets are prepared? A) Sales, Balance Sheet,

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1 ! - - ! 3. Which of the following represents the normal sequence in which the below budgets are prepared? A) Sales, Balance Sheet, Income Statement B) Balance Sheet, Sales, Income Statement C) Sales, Income Statement, Balance Sheet D) Income Statement, Sales, Balance Sheet 4. Emma Company plans to sell 5,000 units during the month of August. The company has 3,000 units on hand at the start of the month, and plans to have 1,500 units on hand at the end of the month. How many units must be produced during the month? I 5. Crystal Manufacturing Corporation's most recent sales budget indicates the following expected sales (in units): July August September Expected unit sales 230,000 275,000 310,000 Crystal wants to maintain a finished goods inventory of 30% of the next month's expected sales. How many units should Crystal plan on producing for the month of August

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