Question

Blue Company estimates that unit sales will be 10,500 in quarter 1, 12,400 in quarter 2, 14,100 in quarter 3, and 18,800 in quarter 4. Using a sales price of $85 per unit. Prepare the sales budget by quarters for the year ending December 31, 2017.

Answer 1

Step-by-step explanation:

The preparation of the sales budget for 4 quarters are shown below:

Particulars Quarter 1 Quarter 2 Quarter 3 Quarter 4 Total

Estimated

Unit sales 10,500 12,400 14,100 18,800 55,800

Unit sales

price $85 $85 $85 $85 $85

Total sales $892,500 $1,054,000 1,198,500 1,598,00 $4,743,000