Question: Leaf Industries is preparing its master budget for 2013. Relevant data pertaining to its sales budget are as follows: Sales for the year are expected
Leaf Industries is preparing its master budget for 2013. Relevant data pertaining to its sales budget are as follows:
Sales for the year are expected to total 8,000,000 units. Quarterly sales are 25%, 30%, 15%, and 30%, respectively. The sales price is expected to be $2.00 per unit for the first quarter and then be increased to $2.20 per unit in the second quarter.
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| 1st Quarter | 2nd Quarter | 3rd Quarter | 4th Quarter | Total for Yr |
| Unit Sales |
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| 8,000,000 |
| Unit Selling Price |
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| Total Sales |
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