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Exercise D5-10 Vaughn, Inc., makes and sells drum sets. Nick Ross, controller, is responsible for preparing the master budget. The sales manager has given Nick
Exercise D5-10 Vaughn, Inc., makes and sells drum sets. Nick Ross, controller, is responsible for preparing the master budget. The sales manager has given Nick the following sales forecast for the coming months. May June July 11,080 12,000 8,300 9,830 Forecasted unit sales Vaughn expects to have 5,208 drum sets in ending inventory on March 31 . The company's policy is to carry 47 % of the following month's projected sales in ending nventory Prepare Vaughn's production budget for the second quarter. (Round answers to O decimal places,e.g. 5,275.) April May June Quarter LTNK TO TEXT LINK TO VIDEO
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