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Leaf Industries is preparing its master budget for 2016. Relevant data pertaining to its sales budget are as follows: Sales for the year are expected
Leaf Industries is preparing its master budget for 2016. 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 15%, 40%, 10%, and 35%, respectively. The sales price is expected to be $2.00 per unit for the first and second quarter and then be increased by 10% the third and fourth quarter. Prepare a sales budget for 2016 for Leaf Industries
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