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Blossom's enterprises goal is to instill the joy of music in every school - aged in its community. Its instrument of choice is the classic
Blossom's enterprises goal is to instill the joy of music in every schoolaged in its community. Its instrument of choice is the classic recorder. Music teachers embrace the purity and power of these classic woodwind instruments, which provide a sure steppingstone to great musical endeavers.
Blossoms managers pulled together the follow information to plan for its buggest sales month
budgeted sales volume is as follows: june units, july and august
budgeted selling price is $unit
blossom plans to have of its nect month sales volume sitting in ending inventory; beginning inventory in july exactly met this policy, with those units held at a cost of $unit from prior purchases
budgeted purchase price of a recorder as of july is $unit
blossom uses the FIFO assumption for inventory valuation
budgeted variable SG&A costs is $unit sold
budgeted monthy fixed SG&A costs consist of the following: sales salaries of $ advertising expense of $ executive salaries of $ depriciation on the facility of $ administrative salaries of $ and property taxes and insurance of $
Prepare the sales forecast for blossom enterprises for the month of july.
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