Question: Leaf Industries is preparing its master budget for 2016. Relevant data pertaining to its sales budget are as follows: Sales for the year are expected
Leaf Industries is preparing its master budget for 2016. Relevant data pertaining to its sales budget are as follows: Sales for the year are expected to total 8,000,000 units. Quarterly sales 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 Prepare a sales budget for 2016 for Leaf Industries (Roundunit selling price te 2 decimal places . 52.75.) LEAF INDUSTRIES Sales Budget For the Year Ended December 31, 2016 Third Quarter Quarter Quarter Fourth Quarter
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