Sales Budget (Learning Objective 2)}

In a series of Short Exercises, you will prepare parts of the master budget for Grippers, which sells its rock-climbing shoes worldwide. We will concentrate on Grippers' budget for January and February.

Grippers expects to sell 4,000 pairs of shoes for \(\$ 185\) each in January and 3,500 pairs of shoes for \(\$ 220\) each in February. All sales are cash only. Prepare the sales budget for January and February.