Question

Scora Incorporated sells a single product for $50 per unit. Budgeted sales units for the next three months follow.


January February March

Budgeted sales units 1,000 2,200 1,500


Required:

Prepare a sales budget for the months of January, February, and March

Answer 1

The preparation of the sales budget for the three months for Scora Incorporated is as follows:

Scora Incorporated

Sales Budget

For the next three months

                                     January    February         March

Budgeted sales units     1,000         2,200           1,500

Selling price per unit        $50            $50             $50

Sales revenue          $50,000    $110,000     $75,000

What is a sales budget?

A sales budget is an estimate of a company's total revenue in a specific period.

To prepare the sales budget, one must estimate the:

• Units of products to be sold
• Selling price per unit.

A sales budget helps management to predict and analyze the company's sales performance.

Data and Calculations:

                                     January    February         March

Budgeted sales units     1,000         2,200           1,500

Selling price per unit        $50            $50             $50

Sales revenue          $50,000    $110,000     $75,000 ($50 x 1,500)

Learn more about preparing the sales budget at https://brainly.com/question/14191901