Palermo Company estimates that unit sales will be 10,000 in quarter 1; 12,000 in quarter 2; 14,000

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Palermo Company estimates that unit sales will be 10,000 in quarter 1; 12,000 in quarter 2; 14,000 in quarter 3; and 18,000 in quarter 4. Using a sales price of $80 per unit, prepare the sales budget by quarters for the year ending December 31, 2012.

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