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Concord and Company makes and sells high-quality glare filters for computer monitors. John Stanford, controller, is responsible for preparing Concord's master budget. He has received
Concord and Company makes and sells high-quality glare filters for computer monitors. John Stanford, controller, is responsible for preparing Concord's master budget. He has received the following sales forecast for the coming year from the sales manager. Forecasted unit sales Sales price per unit Budgeted units sold Budgeted sales price Budgeted revenue $ January $ 21,000 Prepare Concord's sales budget for the first quarter. $65 January February 13,500 $65 $ March 20,000 24,000 $65 April February $60 $ $ March $ Quarter
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