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4 Sales Budget Ford Seasoning's management has asked its accounting staff to prepare a sales budget for the first quarter of 20XX. According to managements
4 Sales Budget Ford Seasoning's management has asked its accounting staff to prepare a sales budget for the first quarter of 20XX. According to managements predictions, the selling price per jar of 12- spice will be the same for the entire three months. Because management expects sales to grow rapidly due to a new promotional strategy, they have asked the accounting staff to budget for an increase to sales over the three-month period. The expected rate of sales growth for each month is as follows. For your convenience, the per-jar sales price is also 3 listed. Month Expected Sales Price per Jar 5 during January 11.50 per jar of 12-spioc Requirement Prepare Ford Seasoning's sales budget for the first quarter of 20XX. Set January's budgeted jars to be sold equal to the required sales volume determined by your CVP analysis. Then, 7 increase the budgeted jars to be sold each month by the percentages given in the table above. Ford Seasoning Sales Budget For the Quarter Ended March 31, 20XX Ja124127 : 12 Budgeted Jars to be Sold 18 Times: Sales Price per Jar 14 Total Monthly Sales Revenue $ om OLE NO 4 Sales Budget Ford Seasoning's management has asked its accounting staff to prepare a sales budget for the first quarter of 20XX. According to managements predictions, the selling price per jar of 12- spice will be the same for the entire three months. Because management expects sales to grow rapidly due to a new promotional strategy, they have asked the accounting staff to budget for an increase to sales over the three-month period. The expected rate of sales growth for each month is as follows. For your convenience, the per-jar sales price is also 3 listed. Month Expected Sales Price per Jar 5 during January 11.50 per jar of 12-spioc Requirement Prepare Ford Seasoning's sales budget for the first quarter of 20XX. Set January's budgeted jars to be sold equal to the required sales volume determined by your CVP analysis. Then, 7 increase the budgeted jars to be sold each month by the percentages given in the table above. Ford Seasoning Sales Budget For the Quarter Ended March 31, 20XX Ja124127 : 12 Budgeted Jars to be Sold 18 Times: Sales Price per Jar 14 Total Monthly Sales Revenue $ om OLE NO
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