ABC Company's actual unit sales in the current year for January, February, and March were 15,600,...

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ABC Company's actual unit sales in the current year for January, February, and March were 15,600, 12,600, and 18,600 units, respectively. Current year selling price is $40. 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. Current sales (units) Budgeted volume increase Budgeted sales (units) Budgeted selling price Budgeted total sales January $ 15,600 10 % 17,160 0 February $ 12,600 10 % 13,860 0 $ March 18,600 10 % 20,460 0 $ Total 46,800 10 % 51,480 0 ABC Company's actual unit sales in the current year for January, February, and March were 15,600, 12,600, and 18,600 units, respectively. Current year selling price is $40. 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. Current sales (units) Budgeted volume increase Budgeted sales (units) Budgeted selling price Budgeted total sales January $ 15,600 10 % 17,160 0 February $ 12,600 10 % 13,860 0 $ March 18,600 10 % 20,460 0 $ Total 46,800 10 % 51,480 0

Answer rating: 100% (QA)

A CAB A D E CD Amount in ABC Company Budgeted Unit Sales and Total Sales For the First Quarter ... View the full answer