Question

Huson International Company has three subsidiaries, Bryce Trading Company, Dell Medical Supplies Company, and Bacon Shipping Company. Because the subsidiaries operate in different industries, Huson’s corporate budget for the coming year must reflect the different growth potentials of the individual industries. The growth expectations per quarter for the subsidiaries are 4 percent for Bryce, 1 percent for Dell, and 3 percent for Bacon.


Required
a. Complete the sales budget by filling in the missing amounts. (Round the figures to the nearest dollar.)
b. Determine the amount of sales revenue Huson will report on the quarterly pro forma incomestatements.


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  • CreatedFebruary 07, 2014
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