Preparing a Sales Budget

Patrick Inc. sells industrial solvents in five-gallon drums. Patrick expects the following units to be sold in the first three months of the coming year:

January	41,000
February	38,000
March	50,000

The average price for a drum is $35.

Required:

Prepare a sales budget for the first three months of the coming year, showing units and sales revenue by month and in total for the quarter. Do not include a multiplication symbol as part of your answer.

Patrick Inc.
Sales Budget
For the Coming Quarter
January	February	March	1st Quarter Total
Units
Price	$	$	$	$
Sales	$	$	$	$