Question

Below is budgeted production and sales information for Flushing Company for the month of December: Product XXX Product ZZZ Estimated beginning inventory 29,000 units 17,800 units Desired ending inventory 36,000 units 15,400 units Region I, anticipated sales 336,000 units 254,000 units Region II, anticipated sales 190,000 units 140,000 units The unit selling price for product XXX is $5 and for product ZZZ is $16. Budgeted sales for the month are

Answer 1

Budgeted sales:

Product XXX= $2,630,000

Product ZZZ= $6,304,000

Total sales= $8,934,000

Step-by-step explanation:

Giving the following information:

Product XXX Sales in units:

Region I= 336,000 units

Region II= 190,000

Selling price per unit= $5

Product ZZZ Sales in units:

Region I= 254,000 units

Region II= 140,000 units

Selling price= $16.

The budget sales for the period is simply a multiplication of the number of units to de sold and the selling price per unit.

Budgeted sales:

Product XXX= (336,000 + 190,000)*5= $2,630,000

Product ZZZ= (254,000 + 140,000)*16= $6,304,000

Total sales= $8,934,000