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ABC Companys actual unit sales in the current year for January, February, and March was 15,500, 12,500, and 18,500 units, respectively. Current year selling price
ABC Companys actual unit sales in the current year for January, February, and March was 15,500, 12,500, and 18,500 units, respectively. Current year selling price is $20. An analysis of general economic trends and specific initiatives at ABC forecasts increases for the coming budget year: sales volume by 10% and sales price by 5%. Required: Prepare ABC Companys budgeted unit sales and total sales volume for the first quarter of the coming year.
March Total January 15,500 10 % February 12,500 18,500 46,500 30% 10% 10% Current sales (units) Budgeted volume increase Budgeted sales (units) Budgeted selling price Budgeted total sales $ 0 $ 0 $ 0 $ 0Step by Step Solution
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