Question

Below is budgeted production and sales information for Flushing Company for the month of December. Product XXX Product ZZZ Estimated beginning inventory 28,700 units 18,600 units Desired ending inventory 36,900 units 14,200 units Region I, anticipated sales 332,000 units 256,000 units Region II, anticipated sales 184,000 units 147,000 units The unit selling price for product XXX is $5 and for product ZZZ is $15. Budgeted sales for the month is a.$8,625,000 b.$13,785,000 c.$4,595,000 d.$9,755,000

Answer 1

a) Budgeted sales for the month= $8,625,000

Step-by-step explanation:

Sales budget for Flushing Company

Product XXX ZZZ

units units

Region 1 332,000 256,000

Region 2 184,000 147,000

Total 516,000 403,000

Price($) 5 15

Price × units 2,580,000 6,045,000

Totals sales for the month

= 2,580,000 + 6,045,000

= $8,625,000

Budgeted sales for the month= $8,625,000