Beatrice Company estimates that unit sales of its lawn chairs will be 7,200 in October; 7,400 in November; and 7,100 in December. Prepare Beatrice’s sales budget for the fourth quarter assuming each unit sells for $27.50.
Answer to relevant QuestionsPreston, Inc., manufactures wooden shelving units for collecting and sorting mail. The company expects to produce 480 units in July and 400 units in August. Each unit requires 10 feet of wood at a cost of $1.50 per foot. ...Crew Clothing (CC) sells women’s resort casual clothing to high-end department stores and in its own retail boutiques. CC expects sales for January, February, and March to be $450,000, $510,000, and $530,000, respectively. ...Refer to the information in E8-5 for Shadee Corp. Each visor requires a total of $4.00 in direct materials that includes an adjustable closure that the company purchases from a supplier at a cost of $1.50 each. Shadee wants ...The following information is available for Pioneer Company:• Sales price per unit is $95.• November and December, sales were budgeted at 3,100 and 3,600 units, respectively.• Variable costs are 11 percent of sales (6 ...Refer to the information in PA8-1.March .... 275April .... 250May .... 300June .... 400July .... 375August .... 425Required:Prepare Iguana’s budgeted income statement for quarter 2.
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