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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