Freshaire, Inc., produces two types of air fresheners: Mint Freshener and Lemon Freshener. Both produces are...
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Freshaire, Inc., produces two types of air fresheners: Mint Freshener and Lemon Freshener. Both produces are sold in 32-ounce bottles. Mint sell for $3.00 per bottle, and Lemon sells for $ 3.50 per bottle. Projected sales (in bottles) for the coming four quarters are as follows: Mint Lemon First quarter, 2008 Second quarter, 2008 Third quarter, 2008 Fourth quarter. 2008 First quarter, 2009 80,000 110,000 100,000 100,000 124,000 120.000 140,000 140,000 90,000 110,000 The vice president of sales believes that the projected sales are realistic and can be achieved by the company. Required a) Prepare a sales budget for each quarter of 2008 and for the year in total. Show sales by product and in total for each time period. b) How will Freshaire, Inc., use this sales budget? Freshaire, Inc., produces two types of air fresheners: Mint Freshener and Lemon Freshener. Both produces are sold in 32-ounce bottles. Mint sell for $3.00 per bottle, and Lemon sells for $ 3.50 per bottle. Projected sales (in bottles) for the coming four quarters are as follows: Mint Lemon First quarter, 2008 Second quarter, 2008 Third quarter, 2008 Fourth quarter. 2008 First quarter, 2009 80,000 110,000 100,000 100,000 124,000 120.000 140,000 140,000 90,000 110,000 The vice president of sales believes that the projected sales are realistic and can be achieved by the company. Required a) Prepare a sales budget for each quarter of 2008 and for the year in total. Show sales by product and in total for each time period. b) How will Freshaire, Inc., use this sales budget?
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Freshaire Inc Sales Budget For the Year 2008 Mint Particulars 1st Quarte... View the full answer
Related Book For
Accounting concepts and applications
ISBN: 978-0538745482
11th Edition
Authors: Albrecht Stice, Stice Swain
Posted Date:
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