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xercise D5-10 Rossano, Inc., makes and sells drum sets. Nick Ross, controller, is responsible for preparing the master budget. The sales manager has given Nick

xercise D5-10

Rossano, 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.

April May June July
Forecasted unit sales 12,000 15,000 10,000 11,000

Rossano expects to have 6,000 drum sets in ending inventory on March 31. The company's policy is to carry 30 % of the following month's projected sales in ending inventory. Prepare Rossano's production budget for the second quarter. (Round answers to 0 decimal places, e.g. 5,275.)

I need it with excel formulas!

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