Question: Mini - Exercise 1 4 - 1 ( Algo ) Sales forecast and budget LO 1 4 - 4 ABC Company's actual unit sales in

Mini-Exercise 14-1(Algo) Sales forecast and budget LO 14-4
ABC Company's actual unit sales in the current year for January, February, and March were 15,500,12,500, and 18,500 units, respectively. Current year selling price is $20. An analysis of general economic trends and specific initiatives at ABC forecasts increases for the coming budget year: sales volume by 10% and sales price by 5%.
Required:
Prepare ABC Company's budgeted unit sales and total sales volume for the first quarter of the coming year.
\table[[,January,,February,,March,,Total],[Current sales (units),,,,,,,,,,,,],[Budgeted volume increase,,,%,,,%,,,%,,,%],[Budgeted sales (units),,,,,,,,,,,,],[Budgeted selling price,,,,,,,,,,,,],[Budgeted total sales,$,0,,$,0,,$,0,,$,0,]]
Mini - Exercise 1 4 - 1 ( Algo ) Sales forecast

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