Budget Based on Objectives Method Below are the activities on which Smith's Department Store will base its budget for the entire year. Month Sales Goal Sales Event Advertising | % of Sales anuany 256,417 Winter Cost $8,975 Clearance February $299,153 Valentines &$14,958 Presidents Days March-April $598,306 Easter May-June $683,778 $50,856 S30,770 S66,241 Spring Fling Summer Days July 4th and July $854,723 Clearance $923,850 Back to $64,670 School August September$1,500,730 Fall Fashions $127.562 October November- $3,750,000 Winter Sale$337,500 December December $1,389,718 General $90,332 Christmas Sale Totals 11F FS F7 E9