Question

Beatrice Company estimates that unit sales of its lawn chairs will be 8,000 in October; 8,700 in November; and 9,650 in December.
Required:
Compute Beatrice’s sales budget for the fourth quarter assuming each unit sells for $27.50.

Answer 1

Answer:

Following are the solution to this question:

Explanation:

                                             Oct              Nov                  Dec              4th Quarter

Unit of budget sales            $7,200 \ \ \ \ \ \ \ \ \ \ \ \ 7,400 \ \ \ \ \ \ \ \ \ \ \ \ 7,100 \ \ \ \ \ \ \ \ \ \ \ \ 21,700$

 Cost for sale                       $27.5 \ \ \ \ \ \ \ \ \ \ \ \ \ \ 27.5 \ \ \ \ \ \ \ \ \ \ \ \ \ \ 27.5\ \ \ \ \ \ \ \ \ \ \ \ \ \ 27.5$

$\text{Complete selling Budgeted}$  $\ \ 198,000 \ \ \ \ \ \ \ \ 203,500 \ \ \ \ \ \ \ \ 195,250 \ \ \ \ \ \ \ \ 596,750$