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Division Nhas decided to develop its budget based upon projected sales of 2 7 , 0 0 0 lamps at $ 5 2 . 0

Division Nhas decided to develop its budget based upon projected sales of 27,000 lamps at
$52.00 per lamp.
The company has requested that you prepare a master budget for the year. This budget is to be used
for planning and control of operations and should be composed of:
Production Budget
Materials Budget
Direct Labor Budget
Factory Duerhead Budget
Selling and Administrative Budget
Cost of Goods Sold Budget
Budgeted Income Statement
Cash Budget
Notes for Budgeting:
The company wants to maintain the same number of units in the beginning and ending inventories of
work-in-process, and electrical parts while increasing the inventory of Lamp Kits to 575 pieces and
decreasing the finished goods by 20%.
Complete the following budgets
1 Elotarizabotas
Planned Sales
Desired Ending Inventory of Finished Goods
Total Needed
Less: Beginninglnventory
Total Production
17.014
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