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Leaf Industries is preparing its master budget for 2013. Relevant data pertaining to its sales budget are as follows: Sales for the year are expected
Leaf Industries is preparing its master budget for 2013. Relevant data pertaining to its sales budget are as follows: Sales for the year are expected to total 8,000,000 units. Quarterly sales are 25%, 30%, 15%, and 30%, respectively. The sales price is expected to be $2.00 per unit for the first quarter and then be increased to $2.20 per unit in the second quarter. Prepare a sales budget for 2013 for Leaf Industries.
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Leaf Industries is preparing its master budget for 2013. Relevant data pertaining to its sales budget are as follows: Sales for the year are expected to total 8,000,000 units. Quarterly sales are 25%, 30%, 15%, and 30%, respectively. The sales price is expected to be $2.00 per unit for the first quarter and then be increased to $2.20 per unit in the second quarter. Prepare a sales budget for 2013 for Leaf Industries. LEAF INDUSTRIES Sales Budget For the Year Ended December 31, 2013 First Quarter Second Quarter Third Quarter Fourth Quarter YearStep by Step Solution
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