months of the year:

$($Click the icon to view the projected sales $($in units$)$ for the first three months of the year.$)$

Read the requirements.

nearest whole number.$)$

Pillows Inc.

Sales Budget

For the Quarter Ended March $31$

Unit sales

Unit selling price

Total sales revenue

Cash sales

Credit sales

Total sales

Requirements

Prepare the following budgets for the first three months of the year, as well as a summary budget for the quarter:

Prepare the sales budget, including a separate section that details the type of sales made. For this section,

assume that $10\%$ of the company's pillows are cash sales, and the remaining $90\%$ are sold on credit terms.

Prepare the production budget. Assume that the company anticipates selling $230,000$ units in April.

Prepare the direct materials purchases budget. Assume the company needs $230,000$ yards of fabric for

production in April.

More info

January.

$130,000$

February.

$170,000$

March

$180,000$