Question: Sherwood, Inc. sells crates for pets. Sherwood expects the following units to be sold in the first three months of the coming year: January ....30,000

Sherwood, Inc. sells crates for pets. Sherwood expects the following units to be sold in the first three months of the coming year:

January ....30,000

February .....29,000

March ......31,000

The average price for a crate is $40.


Required:

Prepare a sales budget for the first three months of the coming year, showing units and sales revenue by month and in total for the quarter.

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