Assume total sales for each quarter in 2018 will be 20 percent higher than in 2017 and the selling price per lock is $25 . Prepare a sales budget

Exercise 10-4 Locksafe Company manufactures burglar-resistant commercial door locks. Recently the company began selling locks on the Web, and the company expects sales to increase dramatically compared with the p year. For the past year, 2017, unit sales were: First quarter $23,000 units Second quarter 28,000 units Third quarter 27,000 units Fourth quarter 32,000 units Assume that total sales for each quarter in 2018 will be 20 percent higher than in 2017 and that the selling price per lock is $25. Prepare a sales budget by quarter for 2018. Locksafe Company Sales Budget For the Year Ending December 31, 2018 First Second Third Fourth Quarter Quarter Quarter Quarter Year Projected sales Sales price per unit Budget revenue for 2018 IHA HA LINK TO TEXT