Question
Elite Souvenirs provides high-end souvenir items to tourists visiting San Pedro Town. Elite Souvenirs shows the following sales projections in units by quarter for the
Elite Souvenirs provides high-end souvenir items to tourists visiting San Pedro Town. Elite Souvenirs shows the following sales projections in units by quarter for the upcoming year.
Quarter | T-Shirts | Key Holders | Caps | Miscellaneous |
1st | 1,580 | 260 | 520 | 620 |
2nd | 890 | 110 | 380 | 510 |
3rd. | 1,790 | 280 | 870 | 800 |
4th. | 610 | 160 | 560 | 450 |
The average price of an item in each of the departments is as follows:
Average sales per unit | |
T-Shirts. | $84 |
Key Holders | $19 |
Caps. | $23 |
Miscellaneous | $8 |
Requirement:
Prepare a sales budget for the upcoming year by quarter for Elite Souvenirs, with sales categorized by the four product groupings (t-shirts, key holders, caps, and miscellaneous) and all final totals reflected.( show all formulas and working Out )
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