prepare operational budgets

Q3: Background information for City Mowers Pty Ltd City Mowers Pty Ltd are wholesalers of two types of mowers. The sales for the quarter ending 31 December 2019 were as follows: Units Selling Price Mower X October 1500 $149.00 November 1.300 December 1400 Mower Y October 2.000 $185.00 November 2.500 December 2700 Predictions are that the sales volume for mower X will increase by 7% in January and increase by 5% for both February and March (Based on the figures for October, November and December respectively). Sales for mower Y are expected to decrease by 5% for January, February and Match. (Based on the figures for October, November and December respectively). Q3.1 In your own words explain what is included in a sales/revenue budget. (use 50-100 MR words in answer). FER MR FER Q3.2: Prepare a Sales Budget FOR THE THREE MONTHS ending 31 March 2020. Mower X Actual and Budgeted Sales ACTUAL BUDGETED Feb Mar Oct Nov Dec Jan TOTAL Expected change Selling price Unit sales Sales revenue BUDGETED Feb Mar Dec Jan TOTAL Mower Y Actual and Budgeted Sales ACTUAL Oct Nov Expected change Selling price Unit sales Sales revenue Total Budgeted Sales Revenue (both products)