The Director of Sales requests you to create a budget for a product for each of the months in the next years quarter. Select a product of your choice that to be offered for sale at a retail store at a location of your choice. Make reasonable assumptions about how many units that you can sell in each of the next four months.

Hint: you will need the fourth months sales in units for the operating budgets.

Required:

Describe your product in terms of type of product, cost of product, sales quantity and selling price per unit. Make projections of your sales in units in each of the upcoming three months. mark

Supported with justification, prepare the following budgets for each of the upcoming three months:

Sales budget marks

Direct labour budget marks

Operating expenses budget marks

Budgeted income statement marks

Answer rating: 100% (QA)

Product Description I have chosen to focus on a popular electronic device a smartphone which will be offered for sale at a retail store located in a b... View the full answer