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Exercise 10-5. Beca Adventures provides tours of scenic locations in Oregon. The company expects tours taken to increase dramatically compared with the prior year. For
Exercise 10-5. Beca Adventures provides tours of scenic locations in Oregon. The company expects tours taken to increase dramatically compared with the prior year. For the past year, 2020, the number of tours given were as follows: 7,000 First quarter Second quarter Third quarter Fourth quarter 9,000 8,000 10,000 w Assume that tours for each quarter in 2021 will be 32 percent higher than in 2017 and that the price per tour is $82. Prepare a sales budget by quarter for 2018. Enter your answers as amounts only with neither commas nor decimals. Third Quarter Fourth Quarter Second Quarter $ $ $ First Quarter Budgeted $ sales dollars Exercise 10-6. Covington produces a vitamin-enhanced dog food that is sold in Kansas. The company expects sales to be 13,600 bags in January, 14,800 bags in February, 21,600 bags in March, and 23,900 bags in April. There are 1,230 bags on hand at the start of January. Covington desires to maintain monthly ending inventory equal to 15 percent of next month's expected sales. Prepare the production budget for Covington for the months of January, February, and March. Enter your answers as amounts only with neither commas nor decimals. January February March Units to be produced
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