Develop a recommended quarterly budget for your car dealer client based on these projections: Jack and Claire

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Develop a recommended quarterly budget for your car dealer client based on these projections:

Jack and Claire Ford Of Anytown 2023 Monthly Projected Sales

1st Quarter 2nd Quarter 3rd Quarter 4th Quarterly Total

NEW = 150. 300. 350 200 1000

USED = 115 280 325 180 900

1,000 new Fords x $ 30,000 average sales price each = $ 30,000,000 in annual sales

900 used vehicles x $ 20,000 average sales price each = $ 18,000,000 in annual sales

Industry average for new cars is $ 500 per unit. Industry average for used vehicles is $ 400 per unit.

Related Book For answer-question

Managerial Accounting Creating Value in a Dynamic Business Environment

ISBN: 978-0078025662

10th edition

Authors: Ronald Hilton, David Platt

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Posted Date: Dec 13, 2022 04:58 AM

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Develop a recommended quarterly budget for your car dealer client based on these projections: Jack and Claire

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Step 1 WORKINGS PARTICULARS NEW CAR A OLD CAR B AVERAGE SALE PRICE OF 4500000 NEW ... View the full answer

Managerial Accounting Creating Value in a Dynamic Business Environment

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