Tulum Inc. sells powdered Mexican chocolate to restaurants. Its basic unit is a 4-pound box of the

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Tulum Inc. sells powdered Mexican chocolate to restaurants. Its basic unit is a 4-pound box of the spiced chocolate mixture. Tulum expects the following units to be sold in the first 3 months of the coming year:

January.............................22,000

February...........................20,000

March..............................30,000

The average price for a box is $20.

Required:

Prepare a sales budget for the first 3 months of the coming year, showing units and sales revenue by month and in total for the quarter.

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Managerial Accounting The Cornerstone of Business Decision Making

ISBN: 978-1337115773

7th edition

Authors: Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

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