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Exercise 10-5. Uli 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. Uli 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, 2017, the number of tours given were as follows: First quarter 8,000 Second quarter 10,000 Third quarter 10,000 Fourth quarter 11,000 Assume that sales for each quarter in 2018 will be 30 percent higher than in 2017 and that the price per tour is $79. Prepare a sales budget by quarter for 2018. Enter your answers as amounts only with neither commas nor decimals. Third Quarter Second Quarter $ Fourth Quarter $ First Quarter Budgeted $ sales dollars $
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