Alnecia Leavell April 4, 2016 Organic Communication NAME 10-11 Chapter 10: Budgetary Planning and Control Exercise 10 1 Alpine Slopes, Inc. produces freestyle snowboards designed for use on all mountain terrain. Production for 2007, the first year of operations, was budgeted at 2,000 snowboards. However, sales have far exceeded predictions. Therefore, in preparing the 2008 budget Alpine is projecting sales of 150% of the amount budgeted for 2007. Alpine plans to continue selling the snowboards for $250 each a. Prepare a sales budget for Alpine for the year 2008. Sales Budget For the Year Ending December 31, 2008 Fourth Quarter Quarter Quarter Quarter First Second Third Year Prior year sales in units 600 800 400 200 2,000 Projected sales (150% of prior year) Sales price per unit Budgeted sales revenue b. Alpine likes to keep an ending inventory equal to 10 percent of next quarter's sales. Sales in the first quarter of 2009 are budgeted to be 1,080 units. On January 1, 2008, there were 90 snowboards in the finished goods inventory. Prepare a production budget for Alpine for 2008. Production Budget For the Year Ending December 31, 2008 First SecondThird Fourth Quarter Quarter Quarter Quarterr