Question 10 25 Points Use the following information to answer questions 9-10. The following table presents selected information for Superior Flooring's monthly production budgets for the coming year. Superior's inventory policy is to have ending inventory equal to 10% of the next month's sales. April May June Desired ending inventory?? ? Beginning inventory 300 ? Q10 Budgeted sales 2,800 3,100 3.500 Budgeted production Q9 3,140 3,400 What is the budgeted production in April? A 2.790 2,810 3,410 2.500 Which of the following statements is not correct? A The revenue budget is the starting point in preparing the master budget. B The revenue budget is constructed by multiplying the expected sales in units by the sales price. The production budget is not based on the revenue budget. The cash budget is used to determine whether the firm will have enough cash on hand