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(b) It is now Quarter 2 of 2022. Yamada Limited is the business of manufacturing and selling plastic storage containers. Currently, all sales are
(b) It is now Quarter 2 of 2022. Yamada Limited is the business of manufacturing and selling plastic storage containers. Currently, all sales are generated locally through its show room in the Great World Shopping Centre. Locally, this business is very competitive, with 12 companies selling similar products. Therefore, it is expected that the revenue growth will be slow in the coming years. The company is preparing 2023 annual budget. The following information is provided to help you, the budget planner, to prepare an annual budget for 2021 for the company: 1. The marketing and sales department manager provides the following sales forecasts: 2022 Q4 2023 2023 2023 2023 2024 2024 Q1 Q2 Q3 Q4 Q1 Q2 Expected sales, units 1,000 1,100 1,130 1,160 1,200 1,220 1,250 Unit selling price 162 172 175 175 180 180 180
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