Question

Paige Company estimates that unit sales will be 10,800 in quarter 1, 12,700 in quarter 2, 14,800 in quarter 3, and 18,500 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

Results are below.

Step-by-step explanation:

Giving the following information:

Paige Company estimates that unit sales will be 10,800 in quarter 1, 12,700 in quarter 2, 14,800 in quarter 3, and 18,500 in quarter 4. Using a sales price of $85 per unit.

Sales Budget:

Q1:

Sales= 10,800*85= $918,000

Q2:

Sales= 12,700*85= $1,079,500

Q3:

Sales= 14,800*85= $1,258,000

Q4:

Sales= 18,500*85= $1,572,500