Click in the boxed areas to the right of each item below. A pick list will launch. Click on the pick list Icon to reveal a drop-down menu of choices. Select the correct choice to turn the boxed area green. The base of the master budget; forecasts sales revenues and drives the production and SG&A budgets Often based on direct labor hours, but could be based on another cost driver instead Uses scheduled production to assess raw materials needed and the cash payments for those materials Combines sales projections with beginning finished goods Inventory and desired ending finished goods inventory to assess manufacturing needs Based largely on fixed costs; also influenced by sales projections Uses scheduled production to estimate labor hours and costs Combines projected cash inflows and outflows for all portions of the master budget including items such as taxes, financing, and equipment Includes estimates from the master budget to show what the company's financial status would be if the forecasts hold true