Question

Blue Company estimates that unit sales will be 10,500 in quarter 1, 12,400 in quarter 2, 14,100 in quarter 3, and 18,800 in quarter 4. Using a sales price of $85 per unit. Prepare the sales budget by quarters for the year ending December 31, 2017.

Answer 1

Answer:

Explanation:

The preparation of the sales budget for 4 quarters are shown below:

Particulars  Quarter 1     Quarter 2      Quarter 3      Quarter 4      Total

Estimated

Unit sales    10,500           12,400              14,100         18,800           55,800

Unit sales

price             $85                $85                   $85             $85              $85  

Total sales   $892,500     $1,054,000      1,198,500    1,598,00  $4,743,000