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The company expects this year's sales to increase by 25%. The selling price is $13 per unit. Prepare a Sales Budget for the

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Answer:

The full question is "Royal Company is preparing budgets for the second quarter ending June 30. Last year's sales for the corresponding period were: March 15,000 units April 18,000 units May 28,000 units June 26,000 units July 19,000 units August 12,000 unit. The company expects this year's sales to increase by 25%. The selling price is $13 per unit. Prepare a Sales Budget for Royal Company."

Sales Budget

Month Budgeted Sales Selling Price Total budgeted sales

March 15,000+25% = 18750 $13 $243,750

April 18,000 +25% = 22500 $13 $292,500

May 28,000 +25% = 35000 $13 $455,000

June 26,000 +25% = 32500 $13 $422,500

July 19,000 +25% = 23750 $13 $308,750

Total Budgeted sales for the 2nd Quarter $1,722,500

August 12,000 +25% = 15000 $13 $195,000

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