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answer this asap Master Budget Case Study As part of the continued advancement of technology, a drone camera market has emerged in recent years. The
answer this asap
Master Budget Case Study As part of the continued advancement of technology, a drone camera market has emerged in recent years. The drone camera market has been growing as more photography enthusiasts have begun adopted this high- tech approach to capturing still images and video using remotely controlled devices. Eager to capture a share of this growing market, CamDrone entered the market in early 2018. CamDrone manufactures camera drones, selling primarily to retailers, CamDrone is pleased with its financial performance over its first few years of operations, optimistic to achieve continued financial success. For planning and control purposes the company utilizes a monthly master budget, which is usually developed at least three months in advance of the budget year. The company has a fiscal year ending December 31. It is now Sept 15, 2019. You have been asked to prepare the Master Budget for the year ending December 31, 2020. Based on your discussions with the various departments throughout the company, you have collected the following relevant information for preparing the budget Sales Master Budget Case Study As part of the continued advancement of technology, a drone camera market has emerged in recent years. The drone camera market has been growing as more photography enthusiasts have begun adopted this high- tech approach to capturing still images and video using remotely controlled devices. Eager to capture a share of this growing market, CamDrone entered the market in early 2018. CamDrone manufactures camera drones, selling primarily to retailers, CamDrone is pleased with its financial performance over its first few years of operations, optimistic to achieve continued financial success. For planning and control purposes the company utilizes a monthly master budget, which is usually developed at least three months in advance of the budget year. The company has a fiscal year ending December 31. It is now Sept 15, 2019. You have been asked to prepare the Master Budget for the year ending December 31, 2020. Based on your discussions with the various departments throughout the company, you have collected the following relevant information for preparing the budget SalesStep by Step Solution
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