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Locksafe Company manufactures burglar resistant commercial door locks. Recently the company began selling locks on the web, and the company expects sales to increase dramatically
Locksafe Company manufactures burglar resistant commercial door locks. Recently the company began selling locks on the web, and the company expects sales to increase dramatically compared to the prior year.
For the past year, unit sales were:
First Quarter 23,000 units
Second Quarter 28,000 units
Third Quarter 27,000 units
Fourth Quarter 32,000 units
Assume that total sales for each quarter in 2018 will be 20 percent higher than in 2017 and that selling price per lock is $25.00. Prepare a sales budget by quarter for 2018.
Projected Sales: First Quarter, Second Quarter, Third Quarter, Fourth Quarter and Year total
Sales Price per unit for all four quarters and year total
Budget Revenue for 2018 for all 4 quarters and year total
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