Question
Pina Colada Industries is preparing its master budget for 2022. Relevant data pertaining to its sales budget are as follows: Sales for the year are
Pina Colada 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 7,600,000 units. Quarterly sales are 25%, 30%, 15%, and 30%, respectively. The sales price is expected to be $2.70 per unit for the first quarter and then be increased to $2.90 per unit in the second quarter. Prepare a sales budget for 2022 for Pina Colada Industries. (Round unit selling price to 2 decimal places, e.g. 52.75.)
PINA COLADA INDUSTRIES Sales Budget choose the accounting period December 31, 2022For the Month Ended December 31, 2022For the Year Ended December 31, 2022 | |||||
---|---|---|---|---|---|
First Quarter | Second Quarter | Third Quarter | Fourth Quarter | Year | |
select an opening sales budget item Total salesExpected unit salesUnit selling price | enter a number of units | enter a number of units | enter a number of units | enter a number of units | enter a number of units |
select a sales budget item Expected unit salesUnit selling priceTotal sales | $enter a dollar amount rounded to 2 decimal places | $enter a dollar amount rounded to 2 decimal places | $enter a dollar amount rounded to 2 decimal places | $enter a dollar amount rounded to 2 decimal places |
|
select a closing sales budget item Unit selling priceExpected unit salesTotal sales | $enter a total amount for the sales budget | $enter a total amount for the sales budget | $enter a total amount for the sales budget | $enter a total amount for the sales budget | $enter a total amount for the sales budget |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started