Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Forecast Sales Volume and Sales Budget For 20Y8, Raphael Frame Company prepared the sales budget that follows. At the end of December 20Y8, the following

image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
Forecast Sales Volume and Sales Budget For 20Y8, Raphael Frame Company prepared the sales budget that follows. At the end of December 20Y8, the following unit sales data were reported for the year: Unit Sales 8" x 10" Frame 12" X 16" Frame East 20,055 13,144 Central 4,944 2,646 West 4,224 1,734 Raphael Frame Company Sales Budget For the Year Ending December 31, 2048 Unit Unit Sales Product and Area Selling Volume Price Total Sales 8" x 10" Frame: East 19,100 $28 $534,800 Central 4,800 28 134,400 West 4,400 28 123,200 Total 28,300 $792,400 12" X 16" Frame: East $29 12,400 2,700 $359,600 78,300 Central 29 West 1,700 29 49,300 Total 16,800 $487,200 Goo Doce Aness Accounting for Leader - ACC CangageNOW2 Online teaching and learning Resou.. way book 78,30 Central 2,700 29 West 1,700 29 49,300 Total 16,800 5457,200 total revenue rom sales $1.27.600 For the year ending December 31, 209, it was are expected to follow the patterns and curing the one December 31, 2078. The price for the same spected tereta se and the unitario for the 11 frame is expected to 531, effective 1.200 Required 1. Compute the increase or decrease of actual tries to the year on December 31, 2015, ovet boget ure the mining to state and percent. Round percents to the nearest whole percent. Unit Sales Increase (Decrease) Year Ended 200 Actual Over Budget Budget Actual Sales Amount Percent KO Weat 11 16" Cat W 2. Ai that increase orderen et budgetinin (1) is to contine in 2018.comte the value to lead the proming the way the year ending w 31,207 them to indicate decrease in percent Round budgeted units to the nearest whole unit 2018 Percentage 2009 Actual Increase Budgeted Units (Decrease) Units (rounded) Oy ak co are East We 2. Auming that the order in actual sales te budget indicate net is to competenties volume te used to treat the budget for the year enon December 1. Use them to indicate a decrease in percent Round budgeted unite to the nearest while wait 2013 Percentage 2019 Actual Increase Husted Unit (scree) Unit (rounded) to Frame Central III III tu . West 3 worth the parenting December 11, 2018 Raphael Frame Company Sale get For the Year Ending December 31, 2019 Productes Unit Sales Volume Unit Selling Price Total Sales ** 10 Pro DOC 1 000 WE Cuck My WON Emertor Sol Submit Art for Grading A - B Accoung for AC CengageNow Online teaching and learning nment C Eau Cena 12 ore Fast III III III III Data 3. res is out for the year 2000 Raphael Frame Company Sales de For the Year Ending December 31, 2019 Un Sales Volume Unit Sling Total Sales om We bild liid oli DODUO DODO

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Comprehensive Assurance & Systems Tool

Authors: Laura R. Ingraham, Greg Jenkins

4th Edition

0134790472, 9780134790473

More Books

Students also viewed these Accounting questions

Question

What is the message frequency?

Answered: 1 week ago

Question

What is the schedule for this project?

Answered: 1 week ago

Question

Who is responsible for this project?

Answered: 1 week ago