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8. Doss, Inc., makes and sells drum sets. Mick Doss, controller, is responsible for preparing the master budget. The sales manager has given Mick the
8. Doss, Inc., makes and sells drum sets. Mick Doss, controller, is responsible for preparing the master budget. The sales manager has given Mick the following sales forecast for the coming months. April May June July Forecasted unit sales 24,000 30,000 20.000 22.000 Doss expects to have 12,000 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 Required Prepare Doss's production budget for the second quarter. April May June Production Budget Budgeted Unit Sales Add: Budgeted Ending Inventory Equals Total Units Required Subtract: Beginning inventory Equals Budgeted Production
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