Epsilon Company is preparing its sales projections for 2022 and has decided that a reasonable sales target is $1,200,000 for the year. Its sales are seasonal, and in the past, it has recorded sales in each quarter as follows: first quarter 12% percent, second quarter 20 percent, third quarter 28 percent, and fourth quarter 40 percent. How should it break down its budgeted sales targets by quarter? a. Multiply full-year sales by the seasonality factor for each quarter.

First-quarter sales: 0.12 x 1,200,000 = $144,000 Second-quarter sales: 0.2 x 1,200,000 = $240,000

Third-quarter sales: 0.28 x 1,200,000 = $336,000

Fourth-quarter sales: 0.4 x 1,200,000 = $480,000