Question

Sales budget LO P1 Scora, Inc., is preparing its master budget for the quarter ending March 31. It sells a single product for $50 per unit. Budgeted sales for the next three months follow. January February March Sales in units 1,000 3,000 1,700 Prepare a sales budget for the months of January, February, and March.

Answer 1

Total Budgeted unit sales$5,700

Total budgeted unit price $50

Budgeted total sales $285,000

Step-by-step explanation:

Sales budget for the months of January, February, and March.

Budgeted unit sales × Budgeted unit price =Budgeted total sales

January $1,000 ×50=$50,000

February $3,000×50=$150,000

March $1,700×50=$85,000

Total Budgeted unit sales=$1,000+$3,000+$1,700=$5,700

Total Budgeted unit price $50

Budgeted total sales=$50,000+$150,000+$85,000

=$285,000