Memorsave Inc. makes and sells picture frames and expects the following units to be sold from July

Question:

Memorsave Inc. makes and sells picture frames and expects the following units to be sold from July to September of the coming year:
July..................................56,000
August............................59,000
September.....................61,000

The average price for a unit is $52.


Required:
Prepare a sales budget for the third quarter of the coming year, showing units and sales revenue by month and in total for the quarter.

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Cornerstones of Managerial Accounting

ISBN: 978-0176721237

3rd Canadian edition

Authors: Maryanne Mowen, Don Hanson, Dan Heitger, David McConomy, Bradley Witt, Jeffrey Pittman

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