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Leaf Industries is preparing its master budget for 2021. Relevant data pertaining to its sales budget are as follows: Sales for the year are expected
Leaf Industries is preparing its master budget for 2021. 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 Sh 20 per unit for the first quarter and then be increased to Sh 22 per unit in the second quarter. Required Prepare a sales budget for 2021 for Leaf Industries incorporating the quarterly budgets.
Leaf Industries is preparing its master budget for 2021. 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 Sh 20 per unit for the first quarter and then be increased to Sh 22 per unit in the second quarter.
Required
Prepare a sales budget for 2021 for Leaf Industries incorporating the quarterly budgets.
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Accounting Tools For Business Decision Making
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
6th Edition
111919167X, 9781119191674
