Bruno produces go-karts which he sells to local retailers. He has decided to produce a sales and
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Bruno produces go-karts which he sells to local retailers. He has decided to produce a sales and debtors budget to help him plan ahead. The following data are available for January to June 2014.
• Each go-kart will be sold for £50 for the first four months, then the selling price will rise to £60.
• He gives two months’ credit to the retailers.
Produce a sales budget and a trade receivables budget for the six months ending 30 June 2014.
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Bruno Sales budget for six months ended 31 June 2014 Sales Units Revenue Opening balance ...View the full answer
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