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Fill in the missing information from the following schedules: Sales Budget For the Year Ending Dec. 31, 2018 Quarter 1 Quarter 2 Quarter 3
Fill in the missing information from the following schedules: Sales Budget For the Year Ending Dec. 31, 2018 Quarter 1 Quarter 2 Quarter 3 Quarter 4 Total Expected sales (units) 7,400 8,400 8,800 9,100 Sales price per unit $46 $50 $50 $54 Total sales revenue $340,400 $420,000 $440,000 Production Budget For the Year Ending Dec. 31, 2018 Quarter 1 Quarter 2 Quarter 3 Quarter 4 Expected sales 7,400 8,400 8,800 9,100 Q1, Year 2 8,000 Desired ending inventory 1,680 1,760 1,820 880 Total required units 9,080 10,160 10,620 10,700 8,880 Less: Beginning inventory 1,480 1,680 1,760 1,820 1,600 Required production 7,600 8,480 8,860 7,280 Total Units to be produced Direct Materials Budget For the Year Ending Dec. 31, 2018 Quarter 1 Quarter 2 Quarter 3 Quarter 4. Total 7,600 8,480 8,860 8,880 33,820
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