I am needing help on creating some budgets that will lead to a master budget.

I need HELP on this Cost accounting Budget project part 1, I am stuck!

McMillan Toys is a worldwide toy manufacturer who is considering expanding into new markets and developing new toys over the next year. Michael Dorsey, the CEO of McMillian Toys hired you as a cost accountant. He would like you improve the budgeting process but doesn’t know how. You suggest implementing Excel spreadsheets so that when management makes last-minute changes to sales and other forecasts, all the other numbers will automatically update.

Michael Dorsey agrees with your recommendation and gave you the project to prepare the master budget for the first quarter of the upcoming year along with a budgeted income statement. He reminded you that a complete master budget has the following budgets included: Sales Budget, Production Budget, Direct Materials Purchases Budget, Direct Labor Budget, Manufacturing Overhead Budget, Selling & Administrative Expense Budget, and Cost of Goods Manufactured Budget. He also requested a budgeted income statement and informed you that the income tax expense is 30%.

You have been working with various departments to gather financial data to assemble all eight budgets into a master budget using Excel so that you can connect all the budgets together.


  1. Review the data provided in the word file titled Budget Project Background, found at this link Download this link. (THIS INFO IS BELOW)
  2. Download the Excel templates you will use to prepare the master budget found at this link Download this link. (THIS INFO IS BELOW)

The Project

M5A3: Part 1 of the Budget Project:

This part of the project is due at the end of Module 5.

  1. Starting with the sales budget, use the data provided to determine total sales for the entire quarter (including any additional months necessary to compute first quarter sales).
  2. Using data provided, complete first four budgets only for the first quarter. (Production Budget, Direct Materials Purchases Budget and Direct Labor Budget). The remaining budgets will be completed in Part 2 during Module 6.
  3. Use Excel formulas to perform calculations and integrate each budget so changes to one particular budget are automatically updated in the remaining budgets.
Calculate your paper price
Pages (550 words)
Approximate price: -

Why Choose Us

Quality Papers

We value our clients. For this reason, we ensure that each paper is written carefully as per the instructions provided by the client. Our editing team also checks all the papers to ensure that they have been completed as per the expectations.

Professional Academic Writers

Over the years, our Acme Homework has managed to secure the most qualified, reliable and experienced team of writers. The company has also ensured continued training and development of the team members to ensure that it keep up with the rising Academic Trends.

Affordable Prices

Our prices are fairly priced in such a way that ensures affordability. Additionally, you can get a free price quotation by clicking on the "Place Order" button.

On-Time delivery

We pay strict attention on deadlines. For this reason, we ensure that all papers are submitted earlier, even before the deadline indicated by the customer. For this reason, the client can go through the work and review everything.

100% Originality

At Essay USA, all papers are plagiarism-free as they are written from scratch. We have taken strict measures to ensure that there is no similarity on all papers and that citations are included as per the standards set.

Customer Support 24/7

Our support team is readily available to provide any guidance/help on our platform at any time of the day/night. Feel free to contact us via the Chat window or support email: support@acmehomework.com.

Try it now!

Calculate the price of your order

We'll send you the first draft for approval by at
Total price:

How it works?

Follow these simple steps to get your paper done

Place your order

Fill in the order form and provide all details of your assignment.

Proceed with the payment

Choose the payment system that suits you most.

Receive the final file

Once your paper is ready, we will email it to you.

Our Services

Essay USA has stood as the world’s leading custom essay writing services providers. Once you enter all the details in the order form under the place order button, the rest is up to us.


Essay Writing Services

At Essay USA, we prioritize on all aspects that bring about a good grade such as impeccable grammar, proper structure, zero-plagiarism and conformance to guidelines. Our experienced team of writers will help you completed your essays and other assignments.


Admission and Business Papers

Be assured that you’ll definitely get accepted to the Master’s level program at any university once you enter all the details in the order form. We won’t leave you here; we will also help you secure a good position in your aspired workplace by creating an outstanding resume or portfolio once you place an order.


Editing and Proofreading

Our skilled editing and writing team will help you restructure you paper, paraphrase, correct grammar and replace plagiarized sections on your paper just on time. The service is geared toward eliminating any mistakes and rather enhancing better quality.


Technical papers

We have writers in almost all fields including the most technical fields. You don’t have to worry about the complexity of your paper. Simply enter as much details as possible in the place order section.