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Leaf Industries is preparing its master budget for 2018. Relevant data pertaining to its sales budget are as follows: 1. Sales for the year are
Leaf Industries is preparing its master budget for 2018. Relevant data pertaining to its sales budget are as follows: 1. Sales for the year are expected to total 8,500,000 units. Quarterly sales are 25%, 30%, 15%, and 30%, respectively. The sales price is expected to be $3.00 per unit for the first quarter and then be increased to $3.20 per unit in the second quarter. 1" Quarter 2d Quarter3" Quarter 4Quarter Total for Yr Unit Sales Unit Selling Price Total Sales 8,500,000 00320 $3.20 $3.00 $3.20
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