Exercise D5-7

Hammarstrom and Company makes and sells high-quality glare filters for computer monitors. John Stanford, controller, is responsible for preparing Hammarstrom's master budget. He has received the following sales forecast for the coming year from the sales manager.

JanuaryFebruaryMarchApril

Forecasted unit sales15,00012,50014,00018,000

Sales price per unit$80$80$80$75

Prepare Hammarstrom's sales budget for the first quarter.

January

February

March

Quarter

Budgeted units sold

Budgeted sales price

$

$

$

$

Budgeted revenue

$

$

$

$