Question: Exercise 14-2 Preparing sales budgets with different assumptions LeDetailed, which has three regions, is preparing its sales budget. Each division expects a different growth rate

Exercise 14-2 Preparing sales budgets with different assumptions LeDetailed, which has

Exercise 14-2 Preparing sales budgets with different assumptions LeDetailed, which has three regions, is preparing its sales budget. Each division expects a different growth rate because economic conditions vary in different regions of the country. The growth expectations per quarter are 4 percent for East Region, 2 percent for West Region, and 9 percent for Metro Region. DIVISION 1 T QUARTER 2D QUARTER 3RD QUARTER 4T QUARTER EAST REGION $100,000 WEST REGION $300,000 METRO REGION $500,000 Required Complete the sales budget by filling in the missing amounts. (Round figures to the nearest dollar.) a. b. Determine the amount of sales revenue that the company will report on its quarterly pro forma income statements

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