Current Attempt in Progress

Carla Vista Company makes and sells artistic frames for pictures. The controller is responsible for preparing the master budget

and has accumulated the following information for $2020.$

Carla Vista has a labor contract that calls for a wage increase to $$9$ per hour on April $1.$ New labor$-$saving machinery has been

installed and will be fully operational by March $1.$

Carla Vista expects to begin the year with $14,760$ frames on hand and has a policy of carrying an end$-$of$-$month inventory of

$100\%$ of the following month's sales, plus $40\%$ of the second following month's sales.

$($a$)$

Prepare a production budget for Carla Vista Company by month and for the first quarter of the year.

CARLA VISTA COMPANY

Production Budget

For the Quarter Ending March $31,2020$