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Particulars Product Y Sales Quantity for 2021 (in Units): January 13,000 February 15,000 March 17,000 December 12,000 Selling Price per unit ($) for 2021 14
| Particulars | Product Y |
| Sales Quantity for 2021 (in Units): January | 13,000 |
| February | 15,000 |
| March | 17,000 |
| December | 12,000 |
| Selling Price per unit ($) for 2021 | 14 |
| Targets for first Quarter of 2022 | |
| Sales Quantity increase (%) | 8% |
| Sales Price increase (%) | 4% |
| Stock Position. December 31, 2021 | |
| Percentage Sales Quantity of March 2021 | 20% |
| Stock Position March 31, 2022 | 3,000 |
| Stock position, end January and February 2022 | |
| Percentage of previous month's sale quantity | 25% |
You are required to prepare the Sales & Production budgets for the 1st Quarter of 2022.
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Managerial Accounting
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
13th edition
978-1285868806, 1285868803, 978-1305691254, 978-1305465640, 1305465644, 978-1285866307
