Question: Exercise 14-4 Preparing sales budgets with different assumptions LO 14-2 Adams Corporation, which has three divisions, is preparing its sales budget. Each division expects a

Exercise 14-4 Preparing sales budgets with different assumptions LO 14-2 Adams

Exercise 14-4 Preparing sales budgets with different assumptions LO 14-2 Adams Corporation, which has three divisions, 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 Cummings Division, 2 percent for Springfield Division, and 6 percent for Douglas Division. Required a. Complete the sales budget by filling in the missing amounts. b. Determine the amount of sales revenue that the company will report on its quarterly pro forma income statements. Complete this question by entering your answers in the tabs below. Required ARequired B Complete the sales budget by filling in the missing amounts. (Round your final answers to the nearest whole Division First Quarter Second Quarter Third Quarter Fourth Quarter Cummings Division Springfield Division Douglas Division 140,000 360,000 210,000

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