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Current Attempt in Progress Foress Company manufactures burglar-resistant commercial door locks. Recently the company began selling locks on the Web, and the company expects
Current Attempt in Progress Foress 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 prior year. For the past year, 2020, unit sales were: First quarter 27,140 units Second quarter 33,040 units Third quarter 31,860 units Fourth quarter 37,760 units Assume that total sales for each quarter in 2021 will be 20 percent higher than in 2020 and that the selling price per lock is $25. Prepare a sales budget by quarter for 2021. Foress Company Sales Budget For the Year Ending December 31, 2021 Third Quarter First Quarter Second Quarter Projected sales Sales price per $ unit Budget revenue for 2021 $ $ LA $ $ $ $ Fourth Quarter
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