Question: Concord Industries is preparing its master budget for 2022. Relevant data pertaining to its sales budget are as follows: Sales for the year are expected
Concord Industries is preparing its master budget for 2022. Relevant data pertaining to its sales budget are as follows: Sales for the year are expected to total 7,850,000 units. Quarterly sales are 25%, 30%, 15%, and 30%, respectively. The sales price is expected to be $2,30 per unit for the first quarter and then be increased to $2.50 per unit in the second quarter. Prepare a sales budget for 2022 for Concord Industries (Round unit selling price to 2 decimal places, eg. 52.75.) CONCORD INDUSTRIES Sales Budget First Quarter Second Quarter Third Quarter Fourth Quarter
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