Question

Yosko Company manufactures luggage sets. Yosko sells its luggage sets to department stores. Yosko expects to sell 2,050 luggage sets for $280 each in January and 2,400 luggage sets for $280 each in February. All sales are cash only. Prepare the sales budget for January and February

Answer 1

Answer:

                          Yosko Company

                             Sales Budget

Two month ended January 31 and February 28

                                                               January    February

Budgeted luggage sets to be sold        2,050        2,400

Sales price per set                                  $280          $280

Total sales                                           $574,000   $672,000