Kyle Company makes specially designed coffee mugs. The entity has developed its web page and is trying
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Kyle Company makes specially designed coffee mugs. The entity has developed its web page and is trying to switch customer behaviour to this form of medium. Sales for each quarter of 2017 were as follows.
Due to the change in sales strategy, the marketing department at Kyle Company expects sales to grow by 20 per cent in each quarter in 2018. The unit sales price will be the same as 2017, at $15 per unit.
Required
Prepare a sales budget for 2018.
Transcribed Image Text:
Quarter ending 31 March 30 June 30 September 31 December $117000 114000 115500 201 000
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Solution A sales budget for 2018 is as follows i For the first quarter 2018 sales are 70000 Sale...View the full answer
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Accounting Business Reporting For Decision Making
ISBN: 9780730363415
6th Edition
Authors: Jacqueline Birt, Keryn Chalmers, Suzanne Maloney, Albie Brooks, Judy Oliver
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