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Part #1. Complete the sales budget for Strong Inc. for this coming year. Notes budgeted sales (units) budgeted unit price budgeted sales revenue ($) Quarter
Part #1. Complete the sales budget for Strong Inc. for this coming year. Notes budgeted sales (units) budgeted unit price budgeted sales revenue ($) Quarter 1 Quarter 2 Quarter 3 Quarter 4 1,000 2,000 3,000 4,000 given $100 per unit line4 x line5 Part #2. Complete the production budget for Strong Inc. for this coming year. Quarter 1 Quarter 2 Quarter 3 Quarter 4 budgeted sales (units) budgeted ending inventory (units) budgeted beginning inventory (units) budgeted production (units) 300 from line4 10% x current quarter budgeted sales from line 12 beg. inventory = end. inventory from the previous period line12 + line13 - line14 (see below) beg. Inventory + production - sales = end. inventory production = sales + end. inventory - beg. Inventory = line12 + line13 - line14
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