Question: Leaf Industries is preparing its master budget for 2013. The relevant data related to its sales budget is as follows: Sales for the year are

Leaf Industries is preparing its master budget for 2013. The relevant data related to its sales budget is 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 during the first quarter and then increase to $2.20 per unit in the second quarter.

1st Quarter

2nd Quarter

3er trimester

fourth quarter

Total per year

unit sales

8,000,000

unit sale price

Total sales

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