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Alger Inc. manufactures six models of leaf blowers and weed eaters. Alger's budgeting team is finalizing the sales budget for the coming year. Sales in
Alger Inc. manufactures six models of leaf blowers and weed eaters. Alger's budgeting team is finalizing the sales budget for the coming year. Sales in units and dollars for last year follow:
Product Number Sold Price $ Revenue
LB $
LB
WE
WE
WE
WE
Total $
In looking over the previous year's sales figures, Alger's sales budgeting team recalled the following:
Model LB is a newer version of the leaf blower with a gasoline engine. The LB is mounted on wheels instead of being carried. This model is designed for the commercial market and did better than expected in its first year. As a result, the number of units of Model LB to be sold was forecast at of the previous year's units.
Models WE and WE were introduced on July of last year. They are lighter versions of the traditional weed eater and are designed for smaller households or condo units. Alger estimates that demand for both models will continue at the previous year's rate.
A competitor has announced plans to introduce an improved version of model WE Alger's traditional weed eater. Alger believes that the model WE price must be cut to maintain unit sales at the previous year's level.
It was assumed that unit sales of all other models would increase by prices remaining constant.
Required:
Prepare a sales budget by product and in total for Alger Inc. for the coming year. Do not include a multiplication symbol as part of your answer.
Alger Inc.
Sales Budget
For the Coming Year
Model Units Price Total Sales
LB fill in the blank
$fill in the blank
$fill in the blank
LB fill in the blank
fill in the blank
fill in the blank
WE fill in the blank
fill in the blank
fill in the blank
WE fill in the blank
fill in the blank
fill in the blank
WE fill in the blank
fill in the blank
fill in the blank
WE fill in the blank
fill in the blank
fill in the blank
Total $fill in the blank
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