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Ch5A Budgets Question 2 of 4 15.77 / 24 Your answer is partially correct. Sheffield, Inc., sells drum sets. Matthew Young, controller, is responsible for preparing the master budget. The sales manager has given Matthew the following sales forecast for the coming months. April May June July Forecasted unit sales 25,000 28,000 23,000 24,000 Sheffield expects to have 12,500 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 Budgeted unit sales 25000 28000 2300 Budgeted ending inventory 8400 6900 Total units required 33400 34900 Beginning inventory 840 690 Budgeted purchases, units 26500 MacBook * # 68 LO O OO CO O 3 LUCh5A Budgets Question 2 of 4