Question

Yogi Company manufactures luggage sets. Yogi sells its luggage sets to department stores. Yogi expects to sell 1,650 luggage sets for $320 each in January and 2,050 luggage sets for $320 each in February. All sales are cash only. Prepare the sales budget for January and February.

Answer 1

Total sales budget = $1,184,000.00

Step-by-step explanation:

Sales budgeted is prepared by multiplying the selling price per unit by the number of units expected to be sold in each month.

Sales budget for Yogi Company

$

January budget = 1,650 × 320 = 528,000.00

February = 2,050× 320 = 656,000.00

Total sales budget (in ) = 1,184,000.00