For the upcoming year, Kinston Quart Limited expects to generate $4,060,000 of revenue. Based on historical trends, the company makes the most sales in the first two quarters. As a result, it assumes that the first and second quarter will each contribute 28% of the annual revenue. The remaining budgeted amount will be allocated equally between the last two quarters.

For each quarter, calculate the budgeted sales in dollars. Do not enter dollar signs or commas in the input boxes. Round all answers to the nearest whole number.

Q1	Q2	Q3	Q4	Period End
$Answer	$Answer	$Answer	$Answer	$Answer

Answer rating: 100% (QA)

To calculate the budgeted sales for each quarter based on the given information 1 Annua... View the full answer