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en Shot 20... Budgeted unit cost Budgeted purchases, units Budgeted purchases Budgeted ending inventory Total units required Budgeted unit sales Beginning inventory Sheffield, Inc.,
en Shot 20... Budgeted unit cost Budgeted purchases, units Budgeted purchases Budgeted ending inventory Total units required Budgeted unit sales Beginning inventory Sheffield, Inc., sells drum sets. Chris Anderson, controller, is responsible for preparing the master budget. The sales manager has given Chris the following sales forecast for the coming months. April May June July Forecasted unit sales 16,000 19,000 14,000 15,000 Sheffield expects to have 8,000 drum sets in ending inventory on March 31. The company purchases the drum sets from its supplier for $150 each and maintains 30% of the following month's projected sales in ending inventory. Prepare Sheffield's inventory purchases budget for the second quarter. April May June t 20... $ $ $ $ $ $ $ Quarter
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