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Leaf Industries is preparing its master budget for 2022. Relevant data pertaining to its sales budget are as follows: Sales for the year are
Leaf Industries is preparing its master budget for 2022. 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. Instructions: Prepare a sales budget for 2022 for Leaf Industries, providing the total sales for year 2022. Record each year, in the space provided, as follows: Quarter 1 (SXXX), Quarter 2, (SXXX), Quarter 3, (SXXX), Quarter 4 (SXXX), and lastly the Total for the Year (SXXX) Sales Budget For Year Ended, December 31, 2022 Quarter 2 3 4 Year
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