Question: Question #9 Explain the steps a company will go through to complete a budget process. (Hint: We start with SALES FORECASTS). a) Complete the sales

Question #9 Explain the steps a company will go through to

Question #9 Explain the steps a company will go through to complete a budget process. (Hint: We start with SALES FORECASTS). a) Complete the sales budget. including a separate section that details the type of sales made (CashICredit). The selling price is $14. Use the following information: Month Expected Unit Sales ' January 100,000 February 110,000 F March J 115,000 b) Prepare the 2rld step of the budget process presuming the company would like to maintain an ending stock of finished pillows equal to 20% of the next month's sales. Sales in units are the same as in a) above. April has a projected unit sales gure of 120,000 units

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