Question

Culinary Enterprises manufactures cookware sets and sells the sets to department stores. Culinary expects to sell 2600 cookware sets for $220 each in April and 3000 cookware sets for $235 each in May. Sales are 25% cash and 75% on account. Compute the total budgeted sales for May.

Answer 1

the budgeted sales for the may month is $705,000

Step-by-step explanation:

The computation of the budgeted sales for the may month is as follows;

= Expected sales units in may month × price for each set

= 3,000 cookware sets × $235

= $705,000

hence, the budgeted sales for the may month is $705,000

We simply applied the above formula so that the correct value could come

And, the same is to be considered