Question

A company planned to sell 100 canoes for the month of April at an average sales price of $600. Midway through the month, the company had sold 65 canoes and forecasted total sales of 130 canoes at an average price of $595. The actual sales for April were 120 canoes at an average sales price of $590. What is the flexible budget amount for canoe sales revenue for April?

Answer 1

flexible budget amount for canoe sales revenue for April is $72000

Step-by-step explanation:

given data

sell = 100 canoes

average sales price = $600

sold = 65

total sales = 130

canoes at an average price = $595

actual sales = 120 canoes

to find out

flexible budget amount for canoe sales revenue for April

solution

we know here for flexible budget april sale unit are = 120

and selling price is $600

so that April sales will be here = 120 × 600

April sales = 72000

so flexible budget amount for canoe sales revenue for April is $72000