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1 1 Exercise 14-2A (Algo) Preparing a sales budget LO 14-2 2 points Rooney Company, which expects to start operations on January 1 year 2,

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1 1 Exercise 14-2A (Algo) Preparing a sales budget LO 14-2 2 points Rooney Company, which expects to start operations on January 1 year 2, will sell digital cameras in shopping malls, Rooney has budgeted sales as indicated in the following table. The company expects a 13 percent increase in sales per month for February and March. The ratio of cash sales to sales on account will remain stable from January through March 04:11:41 Required a. Complete the sales budget by filling in the missing amounts b. Determine the amount of sales revenue Rooney will report on its first quarter pro forma income statement. Bock Complete this question by entering your answers in the tabs below. Required A Required B Complete the sales budget by filling in the missing amounts. (Do not round intermediate calculations. Round final answers to two decimal places.) Sales January February March Complete this question by entering your answers in the tabs below. 4:1125 Book Required A Required B Complete the sales budget by filling in the missing amounts. (Do not round intermediate calculations. Round final answers to two decimal places.) Sales January February March Cash sales $ 47,000 Sales on account 113,000 Total budgeted sales $ 160,000 Required B Hint ferences Check my work 1 1 a. Complete the sales budget by filling in the missing amounts b. Determine the amount of sales revenue Rooney will report on its first quarter pro forma income statement 2 points Complete this question by entering your answers in the tabs below. 8 04:10 Required A Required Determine the amount of sales revenue Rooney will report on its first quarter pro forma income statement. (Do not round Intermediate calculations. Round final answers to two decimal places. Sales revenue Print Retence

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