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Principles of Managerial Accounting - Budget Project Spring 2022 Bright World LLC (BW) distributes sunglasses to small retail stores in the Midwest part of
Principles of Managerial Accounting - Budget Project Spring 2022 Bright World LLC (BW) distributes sunglasses to small retail stores in the Midwest part of the United States. BW does not manufacture the sunglasses, but instead buys the sunglasses from foreign sources and resells the sunglasses to small retail stores. It is December of 2021 and you have been hired as BW's Budget Manager. BW's President, Gary Christens, has asked you to prepare a master budget for 2022. You have gathered the following information and are ready to begin preparing the budget. Sales Information for BW: Actual sales 2021 1 quarter 2nd quarter 3rd quarter 4th quarter Forecasted sales 2022 1" quarter 2nd quarter 3rd quarter 4th quarter Pairs of Sunglasses sold 70,000 94,000 36,000 40,000 Your specific Input Your specific Input Your specific Input Your specific Input
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