You have just been hired as a management trainee by Cravat Sales Company

You have just been hired  as a management  trainee by Cravat Sales Company, a nationwide distributor of a designer's silk ties.The Company has an exclusive franchise on the distribution of the ties, and sales have grown  so rapidly  over the past few years  that it has become necessary  to add new members to the management team. To date ,the company's budgeting  practices  have inferior,and at times the company has experienced a cash shortage.You have given responsibility for all planning  and budgeting.Your first assignment is to prepare master budget for the next three months, starting April  1,You are engage to make a favorable  impression  on the president  and have assembled the information below:-

  The Ties are sold to retailers for --$8.10 each.Recent and forecast  sales in units are as follows:-:

January (Actual)       : 20,000

February (Actual)     :24,000

March (Actual)         :  28,000

April (Budget)           : 33,000

May (Budget)          : 41,000

June (Budget)          : 65,000

July (Budget)            :40,000

August (Budget)      :36,000

September (Budget) :32,000